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Bangladesh, ADB sign 1st tranche of 1 78 bln USD for highway project - World News

Bangladesh, ADB sign 1st tranche of 1 78 bln USD for highway project - World News
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Bangladesh, ADB sign 1st tranche of 1 78 bln USD for highway project

Bangladesh and ADB jointly launch country partnership strategy

Securing Vaccines: Local production with own funds

Securing Vaccines: Local production with own funds Mulls the govt over vaccines from other sources; approves emergency use of China’s Sinopharm Star report Star report The government is considering whether to locally produce Covid-19 vaccines with its own funds as the supply of Oxford-AstraZeneca vaccine from India s Serum Institute remains uncertain. The production will be funded by the Tk 10,000 crore allocated in this year s budget to combat the pandemic. The government funds will be spent for either locally manufacturing the vaccine with the developers assistance or an arrangement to co-produce with the inventors. Bangladesh is trying to source vaccines as the country s mass inoculation programme stumbled following India s restriction on export of the Oxford-AstraZeneca vaccine produced by Serum.

Covid fallout: ADB lowers Bangladesh s FY21 growth forecast-549846

Covid fallout: ADB lowers Bangladesh s FY21 growth forecast UNB 28th April, 2021 04:29:52 The Asian Development Bank (ADB) has lowered Bangladesh s growth forecast for the current fiscal, with the second wave of Covid-19 posing risks to economic recovery. The regional lender, however, anticipates a sharp economic recovery in the next financial year, notwithstanding the Covid-19 headwinds. The projections were reflected in the Asian Development Outlook (ADO) 2021 report released on Wednesday. In January this year, the Bangladesh  government revised its gross domestic product (GDP) growth projection for the current fiscal to 7.4 percent from the earlier 8.2 percent, considering the Covid situation in the country.

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