Publication Date : 09-05-2013
India on Wednesday handed over the second tranche of US$50 million of the US$200 million grant committed by the country to Bangladesh last year to implement development projects in Bangladesh.
Indian High Commissioner to Bangladesh Pankaj Saran handed the grant to Finance Minister AMA Muhith, the Indian high commission said in a statement.
India, which provided US$1 billon line of credit (LoC) to Bangladesh for implementation of various development and infrastructure projects, later declared US$200 million as grant from the total LoC.
Saran also briefed Muhith on the preparations for the review meeting on the Indian LoC scheduled for May 13 in New Delhi.
Post a Comment
Post a Comment