Foreign aid
Foreign aid sees higher utilisation
The use of foreign aid for development projects in Bangladesh jumped 49 per cent year-on-year in July, providing some relief to the government amid the ongoing pressure on the country’s foreign exchange reserves.
Record $10b foreign aid used last fiscal year
Bangladesh’s use of foreign assistance reached a new record high of $10 billion in fiscal year 2021-22, primarily behind vaccinations, one-time budget support, economic recovery from the pandemic and implementation of mega projects.
Record foreign aid in the pipeline
Foreign aid in the pipeline surged to a record $48.11 billion at the end of the last fiscal year and Bangladesh, despite spending more of the committed money, keeps on failing to reach its targets of utilisation.
New ADP to be 21pc bigger
The government is set to fix the size of the development budget at Tk 202,721 crore for 2019-20, up 21.39 percent from the current fiscal year, as it looks to mobilise a higher amount of foreign aid piled up in the pipeline.
Foreign aid sees higher utilisation
The use of foreign aid for development projects in Bangladesh jumped 49 per cent year-on-year in July, providing some relief to the government amid the ongoing pressure on the country’s foreign exchange reserves.
Record $10b foreign aid used last fiscal year
Bangladesh’s use of foreign assistance reached a new record high of $10 billion in fiscal year 2021-22, primarily behind vaccinations, one-time budget support, economic recovery from the pandemic and implementation of mega projects.
Record foreign aid in the pipeline
Foreign aid in the pipeline surged to a record $48.11 billion at the end of the last fiscal year and Bangladesh, despite spending more of the committed money, keeps on failing to reach its targets of utilisation.
New ADP to be 21pc bigger
The government is set to fix the size of the development budget at Tk 202,721 crore for 2019-20, up 21.39 percent from the current fiscal year, as it looks to mobilise a higher amount of foreign aid piled up in the pipeline.
