Bangladesh, May 26 -- Asian Development Bank (ADB) President Masato Kanda has reaffirmed the lender's commitment to supporting Bangladesh's economic reform and development agenda during a meeting with Prime Minister Tarique Rahman in Dhaka, announcing a series of financing initiatives and expanded assistance packages valued at billions of dollars.
According to a press release issued on Monday, Kanda described Bangladesh as being at a "critical stage" in its economic transition and said the ADB would continue assisting the country in maintaining macroeconomic stability, strengthening economic resilience and creating conditions for sustainable growth and employment generation.
During the visit, the ADB signed loan agreements worth approxima...