July 10, 2025, 3:21 pm

Japan to provide over $1b for budget support, railways

  • Update Time : Friday, May 30, 2025
Photo: Collected


BSS:



Japan and Bangladesh on Friday exchanged notes under which Tokyo will provide $1.063 billion to Dhaka in budget support, railway upgradation, and grants.
Of the total assistance, Japan will provide $418 million in Development Policy Loan for Bangladesh’s economic reforms and climate resilience, Chief Adviser’s Deputy Press Secretary Abul Kalam Azad Majumder told BSS.
Tokyo will also lend $641 million for the upgradation of Joydevpur-Ishwardi railway into a dual-gauge double rail track, and another $4.2 million in grants for scholarships.

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