Bangladesh: Development Effectiveness Brief
ADB has been contributing to economic development and reforms in Bangladesh, with a cumulative assistance of 265 loans and 419 technical assistance projects as of December 2016.
Bangladesh has made significant socioeconomic gains with a steady rise in its gross domestic product, boost in social development, and meeting the Millennium Development Goal of halving the incidence of poverty in 1990–2015. Since 1973, ADB has been a key partner contributing to economic development and reforms in Bangladesh, particularly in the energy, transport, and education sectors. As of December 2016, ADB’s cumulative assistance for Bangladesh amounted to $18.3 billion for 265 loans, and $249.5 million for 419 technical assistance projects. Bangladesh is one of the largest recipients of concessional Asian Development Fund resources.
Future Challenges and Goals
Bangladesh still faces challenges in creating enough productive jobs to reduce poverty and unlock the country's development potential. Under the Country Partnership Strategy (CPS) 2016–2020, ADB will finance priority investments in energy, transport, and urban infrastructure and in human capital development to diversify the economy and release long-term growth potential. Such support will also help make growth more inclusive by accelerating rural and regional development. The CPS 2016–2020 will also help speed up private sector development, develop capacity and improve governance, deepen regional cooperation and integration, and promote gender equality for inclusive growth.
- Bangladesh and ADB: Partnering for Inclusive and Sustainable Growth
- Loans and Technical Assistance Grants Approved and Disbursed by ADB
- ADB's Contribution to Development and Poverty Reduction, 2013–2015
- Improving Operational and Organizational Effectiveness
- Future Challenges and Goals