ISDB to Provide $500 Million Support to Bangladesh Over Next Three Years

The Islamic Development Bank (ISDB) has committed to delivering financial support of $400-500 million to Bangladesh across various sectors over the next three years. This assistance is part of ISDB's Member Country Partnership Strategy (MCPS) for the 2024-2026 period. The announcement came after a meeting between Muhammad Nasis Sulaiman, Head of ISDB's Regional Center, and Dr. Salehuddin Ahmed, the Finance and Trade Adviser of Bangladesh's interim government. Sulaiman confirmed that this funding would focus on helping Bangladesh achieve its development goals under the MCPS framework.