Japan to provide $1.063 billion for budget support, railways
Japanese Prime Minister Ishiba Shigeru meets Bangladesh Chief Adviser Muhammad Yunus on 30 May 2025. Photo: BSS
Japan and Bangladesh today (30 May) exchanged notes under which Tokyo will provide $1.063 billion to Dhaka as budget support, railway upgradation and grants.
Of the total, Japan will provide 418 million dollars as Development Policy Loan for Bangladesh's economic reforms and climate resilience, Chief Adviser's Deputy Press Secretary Abul Kalam Azad Majumder said.
Tokyo will also lend 641 million dollars for the upgradation of Joydevpur-Ishwardi into a dual-gauge double railway track and another 4.2 million dollars as grants for scholarships.
Keep updated, follow The Business Standard's Google news channel
