ADB to continue assistance

Visiting Asian Development Bank (ADB) President Takehiko Nakao has promised to continue financial assistance to Bangladesh. He promised Finance Minister AMA Muhith during a meeting on Sunday that the yearly $ 1 billion ADB assistance to Bangladesh would continue. This is Takehiko's first visit to Bangladesh after he took charge of ADB in early 2013. The ADB chief said since they had not financed in the construction of Padma bridge, there was no chance of providing technical assistance in the project. Muhith had sought the ADB's technical assistance previously in spite of the ADB pulling out of the $ 2.9 billion project after Bangladesh asked the World Bank not to finance the project anymore, according to bdnews24.com.