European Investment Bank to Increase Funding for Bangladesh Amid Political Challenges

Reported about 10 hours ago

The European Investment Bank plans to double its funding for Bangladesh to €2 billion, while expressing concerns over human rights amid the country's ongoing political turmoil. Vice President Nicola Beer highlighted the importance of supporting democratic reforms led by Nobel laureate Muhammad Yunus, who has taken over after the ousting of former Prime Minister Sheikh Hasina. The funding aims to aid Bangladesh's garment industry, which is vital for the economy, while ensuring that freedom of expression and human rights are prioritized in government actions.

Source: YAHOO

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