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Dhaka Tribune

35th yen loan package signed with Japan

Update : 22 Mar 2014, 11:05 AM

Bangladesh has signed the 35th yen loan package with Japan on Saturday.

The size of the package is $1.18 billion, Kouichi Mizushima, deputy press secretary of Japan’s Foreign Ministry told this to the Dhaka Tribune.

Japan is Bangladesh’s biggest bilateral development partner and has so far provided about $11bn flexible loans since the country’s independence in 1971.

Dhaka and Tokyo signed the 33rd loan package of about $760m in February last year and the 34th involving $1.03bn the following month.

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