IDB, ADB lend Bangladesh $500mln for energy | HALALTAMWEEL.COM

IDB, ADB lend Bangladesh $500mln for energy | HALALTAMWEEL.COM

DHAKA: The Islamic Development Bank and Manila based Asian Development Bank (ADB) will lend Bangladesh $500 million for energy sector to address critical power shortages which are undermining the economy and slowing poverty reduction efforts, a statement of the bank said on Wednesday.