Budget support to BD power, energy sector likely within December: WB

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Business Report :

The World Bank is likely to provide budget support to Bangladesh’s power and energy sector within the upcoming December, the international financial institution said on Tuesday.

Discussions have been held with the Bangladesh Bank governor and the finance adviser regarding the budget support, World Bank’s Bangladesh Country Director Gayle Martin said during a meeting of the WB delegation with Power and Energy Adviser Muhammad Fouzul Kabir.

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In response to a request regarding budget support from the adviser at the meeting, Martin expressed optimism about providing the support for the energy and power sector by next December, reads a press statement issued by the Ministry of Power, Energy and Mineral Resources on Tuesday.

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