Dhaka, Jan. 5 -- The Asian Development Bank committed over $2.57 billion in new sovereign financing to Bangladesh in 2025, more than double its previous $1.18 billion commitment the previous year, as the country wracked with socio-political instability, continues grappling with the throes of rising inflation, dwindling economy, and reducing consumer power.
The new 2025 lending programme as such, prioritises investments in energy, transport, banking reforms, urban services, climate resilience, small and medium-sized enterprises, and livelihood support in Cox's Bazar, reports The Daily Star.
As per govt data, Bangladesh's overall inflation has risen noticeably risen from 8.29% in November, to 8.49% in December, the previous year. The rise i...