Business Desk :
The Asian Development Bank (ADB) and the government of Bangladesh today signed an agreement for $100 million in concessional loan to expand the coverage of the ongoing rural road network improvement project in Bangladesh.
Economic Relations Division (ERD) Secretary Fatima Yasmin and ADB Country Director Manmohan Parkash remotely signed the loan agreement on behalf of Bangladesh and ADB respectively, said a press release.
“The project will contribute to the government’s efforts for faster socio-economic recovery after the COVID-19 pandemic,” said Country Director Manmohan Parkash.
“The expanded project will benefit around 90 million inhabitants in 34 districts with access to better health services, education, employment opportunities, markets and other government services,”he said.
