WB on top in aid disbursement

The World Bank has provided the highest amount of foreign aid to Bangladesh since independence till the last fiscal year (2012-13) with an amount of over $13.1 billion out of the country’s all major bilateral and multilateral development partners. The Washington-based lending agency has provided an overall amount of $13,113.0 million to Bangladesh till the last fiscal year, according to the latest data of the ‘Flow of External Resources into Bangladesh 2012-13’ released by the Economic Relations Division (ERD). Of the overall disbursed amount by the World Bank, $ 12,550.7 million are in the form of loans while $ 562.3 million in the form of grants. The flagship ERD publication showed that the Asian Development Bank provided the 2nd highest of $9,130.2 million followed by Japan $7,449.7 million, according to UNB.