AIIB an alternative source of funding

Recently 21 Asian countries including Bangladesh made history by being a part of Asian Infrastructure Investment Bank (AIIB). The main purpose of this bank is to provide fund for the infrastructural developments across this region. AIIB is a perfect alternative to ADB as well as World Bank.

There is no room for domination or hegemony in global banking. All the economic powers, including the emerging ones, must be allowed to play their due role in both regional and global development.

Mohammad Iftekhar Hossain
EMBA student
Jahangirnagar University