Citing recent reports, ADB said fraudsters have created fake websites, Facebook pages, IDs, and other deceptive materials impersonating the bank and its staff to mislead people and solicit payments

The Asian Development Bank (ADB) has cut its forecast for Bangladesh’s economic growth to 4.5 percent for the current fiscal year, down from its April projection of 4.7 percent, citing energy supply constraints and vulnerabilities in the banking sector.

Bangladesh could face renewed pressure on its export sector as the United States prepares a fresh round of tariffs under Section 301 of the Trade Act, a move that would not only raise the country’s trade costs but also deepen uncertainty across developing Asia, the Asian Development Bank (ADB) has warned.

Today, the ADB published the Asian Development Outlook (ADO) July 2025

Bangladesh has secured about $3.11 billion in emergency budget support from four development partners, including the World Bank and the Asian Development Bank, this month to cushion the economic fallout from the US and Israel’s war on Iran.

On a two-day visit to Dhaka from May 24, the ADB chief met with the prime minister and finance minister

Pledges to raise annual sovereign commitments by 20%

The Asian Development Bank (ADB) will provide Bangladesh with $1.4 billion in funding, including $1 billion in budget support, in response to the government’s call for support amid the economic situation over the Middle East war.

Economy remains at a critical point despite some stability

The Asian Development Bank has approved a $900 million loan to help Bangladesh reform its banking sector and strengthen its resilience to the impacts of climate change.

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

Inflation is projected to hit double digits at the end of the current fiscal year owing to supply-side disruptions and higher import costs as a result of currency depreciation, according to the Asian Development Bank (ADB).

The ‘Second Strengthening Social Resilience Program’ will help improve financial inclusion of disadvantaged people

The Asian Development Bank (ADB) has approved a $71 million loan to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts to strengthen their preparedness and resilience to the effects of climate change

The Dhaka Power System Expansion and Strengthening Project will construct eight substations

The loans will be used for energy efficiency, vaccine production, clean water, computer science education and Dhaka-Northwest road corridor

Developing Asia consists of 46 economies in the Asia-Pacific and excludes Japan, Australia and New Zealand.

Though eucalyptus was eradicated from the public forest land, social forestry continues at a very high cost to natural ecosystems.

The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.