Today 02 July 2024Â Minister of Local Government, Rural Development and Cooperative Mr. Yingming Yang, Vice President of South, Central and West Asia of Asian Development Bank (ADB) held a meeting with Tajul Islam. A six-member delegation led by Yingming Yang participated in the meeting today (Tuesday) afternoon at the office of the Minister of Local Government at the Secretariat.
In the meeting, the local government minister said that the Asian Development Bank (ADB) is a reliable development support organization of Bangladesh. Local Government Department in the financial year 2024-25Â Among the 227 projects under implementation by ADB, 10 projects are implemented with the help of ADB. The amount of financial allocation is 22 thousand 355 crore 71 lakh taka As one of the financial partners of Bangladesh and local government department, we want this support to continue.
He also said that Cyclone Remal, which swept over the coastal region of Bangladesh recently and floods in Sylhet Division and other areas caused huge damage. Whereas the loss of local government engineering department is about 1600 million taka and the loss of public health engineering department is about 400 million taka. In addition to ongoing projects with ADB, we are expecting financial assistance from ADB to support coastal and flood-prone areas. We have proposed to take about 11 billion dollars of financial support from various international financial support institutions We may take that assistance subject to conditions, or we shall cover the loss with our own funds.
 ADB Vice President for South, Central and West Asia Yingming Yang said, As a social development agency, the Asian Development Bank reduces poverty in Asia and the Pacific through economic growth, environmental sustainability and regional integration. Besides, ADB provides all assistance in the transition from developing countries to developed countries We are also optimistic about Bangladesh. We want Bangladesh to become a developed country from a developing country.
Yingming Yang also said, “This is my first visit to Bangladesh.” Through this visit, the Asian Development Bank also wants to work in parallel with the future goals and objectives of the Minister of Local Government.
In the meeting, ADB’s Country Director Edimon Ginting, Chief Engineer of the Directorate of Local Government Engineering. Ali Aktar Hossain, Chief Engineer of Directorate of Public Health Engineering Tushar Mohan Sadhu Khan along with senior officials of Asian Development Bank and Local Government Department were present.
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