China converts $120m loan into grants for BD

FE Team | Published: October 21, 2010 00:00:00 | Updated: February 01, 2018 00:00:00

China has converted into grants around US$ 120 million loan, which they earlier gave to Bangladesh against different projects. "Now we have no liability to repay the loan," said Mashiur Rahman, the Economic Affairs Adviser to the Prime Minister, while briefing reporters at the Finance Division conference room Wednesday. — UNB