This significant reduction has sparked concerns among stakeholders, as Islamic banks have traditionally played a vital role in addressing social challenges through initiatives funded by Shariah-compliant sources such as Zakat
This enhanced support from ADB is expected to catalyse efforts to promote sustainability, strengthen infrastructure, and improve the quality of life for communities across Bangladesh.
Officials said that development partners reduced grants for infrastructure projects following Bangladesh's graduation from Lower- Income Countries (LIC) status to Lower Middle- Income Country (LMIC) in 2013.
Speaking at a press conference, BNP standing committee member and former state minister for power Iqbal Hasan Mahmud Tuku emphasised the need for transparency.
During a meeting convened by the Labour Reform Commission on Sunday at Shram Bhaban in Dhaka, Oxfam presented a comprehensive set of recommendations to protect informal workers.
The protest, which began in the morning, saw a group of former Bangladeshi Army, Navy, and Air Force personnel block the road near the cantonment’s Jahangir Gate, halting traffic proceeding towards the Chief Advisor’s Office.
The proposed Green Bank is envisioned as a specialised institution under a global-standard climate-bank model, with a paid-up capital of Bangladeshi Taka 3.24 billion.
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.