Bangladesh: Development Effectiveness Brief 2010

Bangladesh has made impressive socioeconomic gains with a steady rise in its gross domestic product, a decrease in overall rates of poverty, boost in social development, and steady movement toward achievement of the Millennium Development Goals. ADB has been a key partner in the country's struggle for a better future since 1973 by contributing to critical economic and governance reforms.

Spurred by its accomplishments so far, Bangladesh aims to become a middle-income country by the 50th anniversary of independence in 2021. As of 31 December 2009, ADB's cumulative lending amounted to about $10.8 billion for 202 loans, and its technical assistance grants amounted to $195.2 million for 348 projects. The country is also one of the largest recipients of concessional Asian Development Fund resources. ADB has been the second-largest source of financing, and one of the lead financiers in energy, water supply and sanitation, agriculture and natural resources, education, and transport sectors of Bangladesh.