State Minister for Finance and Planning MA Mannan has said Bangladesh will be able to apply for credit from December this year from the newly formed Chinese Asian Infrastructure Investment Bank (AIIB).
Mannan said this while talking to the Dhaka Tribune yesterday after returning from Beijing where 50 countries including Bangladesh signed the articles of association on June 29 for creating the AIIB’s legal framework.
Seven more countries are due to sign by the end of the year.
Mannan said a total of 50 countries will complete ratification of the legal framework of AIIB before December 31.
The AIIB management has already informed us that Bangladesh can appeal for credit from the bank if it needs to develop the country’s infrastructure, he said.
