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financing

World Bank approves $1.25 bn financing for Bangladesh

2023-04-29

National

By: SAQIB SHAFI

On: April 29, 2023

[ad_1] Dhaka: The World Bank has discussed a new Country Partnership Framework (CPF) for Bangladesh, spanning from 2023 to 2027, and approved $1.25 billion financing in three new projects, the lender said. Of the projects, the bank said on Friday that it will provide $500 million for a project termedContinue Reading

After India, China gives financing assurances to Sri Lanka for IMF bailout package

2023-01-22

National

By: SAQIB SHAFI

On: January 22, 2023

[ad_1] Colombo: China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation’s efforts to secure the loan from the global lender to recover from its worst-ever economic crisis.Continue Reading