Rumah Paul
DHAKA (Reuters) – America is dedicated to supporting inclusive financial progress, institution-building and improvement in Bangladesh and can present a further $202 million in support, a U.S. delegation stated throughout a go to to Dhaka on Sunday.
The six-member delegation, led by Deputy Finance Minister Neiman, is the primary from america for the reason that Nobel laureate-led interim authorities took workplace final month after ousting Prime Minister Sheikh Hasina following lethal protests. group.
Chief adviser Yunus stated in a televised speech final week that the federal government is asking for $5 billion in support to assist stabilize an financial system struggling since the price of gas and meals imports has elevated considerably for the reason that battle in Ukraine. Bangladesh sought a $4.7 billion bailout from the Worldwide Financial Fund final 12 months.
America Company for Worldwide Growth (USAID) will present $202 million in grants to advertise good governance, social, human and financial alternative and resilience, america Company for Worldwide Growth (USAID) stated in an settlement signed in Dhaka on Sunday.
This follows an settlement signed by USAID in 2021 committing a complete of $954 million in funding between 2021 and 2026, of which $425 million has already been offered.
After assembly with Yunus, the U.S. Embassy launched an announcement on its Fb (NASDAQ: ) web page stressing its readiness to help Bangladesh in its pursuit of a extra “equitable and inclusive future.”
Yunus seeks U.S. help to assist rebuild Bangladesh, introduce important reforms to the judiciary, police and monetary establishments and get better belongings stolen by the earlier regime, in line with an announcement from his workplace.
The visiting U.S. delegation expressed Washington’s willingness to help these reform efforts and supply technical and monetary help, the assertion stated.
The talks additionally coated financial reforms, funding, labor points, the Rohingya disaster and Yunus’ upcoming go to to New York to attend the United Nations Normal Meeting.
The U.S. guests additionally held discussions with key members of the interim authorities, together with International Affairs Advisor Mohammad Tuhid Hussain, Finance and Commerce Advisor Salehuddin Ahmed and Bangladesh Financial institution Governor Ahsan Mann Sur.
One of many members of the delegation was Assistant Secretary of State for South Asia Lew Donald, who arrived in Dhaka after a visit to India.
The U.S. Embassy stated it reiterated its dedication to working with Bangladesh to develop financial alternatives, construct institutional capability, uphold human rights and deal with local weather dangers.
