Advertisementspot_imgspot_img

Govt Discusses Additional $10 Billion World Bank Support, Says Finance Minister

Date:

Share post:

spot_imgspot_img

The Daily Corporate Desk

Dhaka, 13 October 2026: Bangladesh is in discussions with the World Bank to secure an additional $10 billion in financing, Finance Minister Amir Khosru Mahmud Chowdhury has said, stressing that no final decision has been reached and the process could take several more months.

Speaking to reporters on Tuesday after a meeting with the World Bank’s managing director in Bangkok, the finance minister said the discussions were part of an ongoing process to establish the basis for future cooperation between Bangladesh and the multilateral lender.

“No decision is being made at this stage. These are discussions, and further steps will be taken based on their outcome,” he said, adding that negotiations would continue over the coming months, including in Dhaka.

- Advertisement -

Discussions on financing and economic policy

Amir Khosru expressed satisfaction with the progress of discussions, saying the World Bank was aligned with Bangladesh’s economic policies, programmes and medium- to long-term development plans.

He said the lender understood the economic challenges facing Bangladesh, including existing financial obligations inherited by the current government and the wider economic disruptions caused by ongoing global conflicts.

According to the minister, the World Bank has expressed a strong willingness to support Bangladesh’s efforts to restore economic stability and establish a sustainable growth trajectory.

“The World Bank is very keen to stand by Bangladesh,” he said, adding that the government’s economic policy direction and plans for the future were consistent with the institution’s approach.

Partnership framework under discussion

The finance minister also said Bangladesh and the World Bank were discussing the framework for their future partnership.

Bangladesh has submitted a written proposal, while the World Bank has provided recommendations and suggestions. Both sides have presented their respective positions, he added.

The discussions are expected to help determine the next steps and establish the basis for possible decisions on future financial cooperation.

However, the minister did not provide details about the proposed financing’s terms, allocation or intended sectors, and no final agreement has been announced.

Government maintains confidence in economic targets

Asked about inflation and gross domestic product (GDP) growth forecasts issued by the World Bank and the Asian Development Bank (ADB), Amir Khosru said the government did not intend to challenge the projections made by international institutions.

He noted that the organisations had developed their forecasts using their own calculations and analytical methods.

The government, he said, remained focused on achieving the economic targets outlined in the national budget and expected to meet its stated projections.

If secured, the proposed additional financing could expand Bangladesh’s access to development funding. However, its eventual scale, terms and implementation will depend on the outcome of the ongoing discussions.

spot_imgspot_imgspot_imgspot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_imgspot_imgspot_imgspot_img

Related articles

10 Most Profitable Business Ideas in Bangladesh for 2025

By: Nujhat Jahan Nehan Bangladesh’s economy continues to expand steadily every year, driven by technological innovation, rising income levels,...

Best Small Business Ideas in Bangladesh With Low Investment

Bangladesh has become one of South Asia’s most promising markets for small entrepreneurs. With rising digital adoption, growing...

Most Profitable Online Business Ideas in Bangladesh

The rise of Bangladesh’s digital economy has opened doors for thousands of people who want to earn online...

Profitable Low-Investment Business Ideas for Urban Areas in Bangladesh

As urban areas in Bangladesh continue to grow, the demand for small-scale, practical, and profitable businesses is on...