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Tuesday | November 10, 2026 | Dhaka

BB launches $300m investment fund

 New Nation
 Published: 12:00 AM, 29 October 2015

Economic Reporter :
Bangladesh Bank launched a $300 million investment fund for helping the country attain maximum economic growth through accelerated productive activity.
The funds will use for boosting medium-and long-term investment, particularly in productive sectors.
The Bangladesh Bank (BB) issued a circular along with 112-page operations manual Tuesday to disburse the funds under the Financial Sector Support Project (FSSP) of the central bank. The money will be mobilised with help of the World Bank to facilitate manufacturers on long-term basis, according to the BB officials.
Meantime, the central bank has signed a project agreement (PA) with the International Development Association (IDA), a member of the World Bank Group, which offers concessional loans and grants to the world’s poorest developing countries to carry out the tasks for implementation of projects.