JAPANESE GOVERNMENT TO EXTEND A LOAN TO BANGLADESH FOR INFRASTRUCTURE PROJECTS

Highlights –

• Japanese government to extend a loan to Bangladesh for infrastructure projects.
• Japan will lend Bangladesh around $3.17 billion.
• Bangladesh will have to repay the loan at a 0.65 percent interest rate.
• This is the first time Japan is extending a loan of such a large amount.

According to the Asian Development Bank, Japan has been the single ....