The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group, has signed a landmark annual financing plan with Bangladesh government for US$2.75 billion to support the country鈥檚 energy and agriculture sectors recently at Jeddah, says a press release.
The Islamic Development Bank is likely to come up with an overall support of around $4 billion to $5 billion to Bangladesh in various sectors for the next three years under its Member Country Partnership Strategy (MCPS) for 2024-26.
At the annual meeting of the Islamic Development Bank, held in Riyadh on Monday, Bangladesh and the IsDB signed a loan agreement for the second phase of the 'Rural and Peri-Urban Housing Finance Project,' valued at approximately $289.52 million....