$400m ADB loan for BR rehab
Bss, Dhaka
The Asian Development Bank (ADB) will provide the country with US$ 400 million as credit for the rehabilitation work of the Bangladesh Railway (BR).Finance and Planning Minister M Saifur Rahman said this yesterday while talking to journalists after a review meeting on foreign credit at his office at the Secretariat. With the finance minister in the chair, the meeting was also attended by Governor of Bangladesh Bank (BB) Dr Salehuddin Ahmed and Secretary of Economic Relation Division (ERD) Mohammad Ismail Zabihullah. Officials at the finance ministry said the meeting reviewed different proposals for foreign credit and discussed various aspects of the proposals. It also decided to implement some credit proposals.
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