World Bank and IMF have promised $1.8 billion aid to Bangladesh.
The assurance was given at the annual conference of the multi-lateral lending agencies at Washington.
Economic Relations Division (ERD) Secretary Abul Kalam Azad told bdnews24.com on Sunday that Bangladesh would get the loan at an easy interest rate this year.
They promised $500 million in social safety net, $400 million in coastal protection sector and $500 million in power development sector for fiscal 2013-14, said a government official, who is at Washington now as a member of the Bangladeshi delegation.
Bangladesh will also get an additional $400 million for some other projects.
Azad said that on Sunday, finance minister AMA Muhith had a meeting with Christine Lagarde, Managing Director and Chairman of the Executive Board of IMF.
Christine lauded Bangladesh for its economic stability and hoped that it would be able to reach its target if the growth continues, the secretary said.
Bangladesh Bank Governor Atiur Rahman was also present at the meeting.
The finance minister also had a meeting with Philippe Le Houérou, World Bank’s vice president for the South Asia region.
They discussed ongoing projects in Bangladesh, Abul Kalam said.
The minister thanked Philippe for their continuous support in improving living standard of people in Bangladesh, he said.
Bangladesh Bank Governor Atiur Rahman told bdnews24.com that many had expressed their interest to invest in Bangladesh.
The Bangladesh delegation led by finance Minister Muhith went to Washington to attend the annual conference on Oct 9.
Source: Bd news24
