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Govt signs two deals with ADB

Sunday, 29 June 2014


The government on Sunday signed agreements with the Asian Development Bank (ADB) for $82 million in loans and $12 million in grants to protect coastal towns from natural disasters and climate change.  Economic Relations Division (ERD) Joint Secretary Saifuddin Ahmed and Country Director of ADB’s Bangladesh Resident Mission Kazuhiko Higuchi signed the deals on behalf of their respective sides at a ceremony at ERD in city’s Sher-e-Bangla Nagar, according to a news agency.