Bangladesh Prime Minister Sheikh Hasina today (Mar 14) urged the development partners to keep disbursing soft loans for overcoming the economic recession steaming from the Russia-Ukraine war.
 
She said it is necessary to continue giving soft loans till the global economy goes back to normalcy. The organizations and the developed countries would have to give special focus on it.
 
The prime minister was addressing as the chief guest a programme marking the celebration of the golden jubilee of Bangladesh-Asian Development Bank (ADB) partnership at a city hotel in the capital.
 
The premier expressed her grave concern over the trend of increasing interest rate against loans by the development partners even in the global crisis for Russia-Ukraine war, economic sanction and counter sanctions which in most cases make their financing in development projects ineffective.
 
She said: "We don't want kindness from anyone, rather we want our due rights from the global partners."
 
The prime minister also expressed her resentment over imposing various unnecessary restrictions by business partners, saying: "It (restrictions) sends our economies in danger".
 
In the current global context, she urged the IMF to come up with flexible and innovative financing in accelerating skill, health, ICT, infrastructure development, climate change and human resource development.
 
The premier however thanked the ADB for supporting Bangladesh in its need, saying the ADB's cooperation has increased three times in the last one and a half decade since Awami League assumed power in 2009.

BDST: 1541 HRS, MAR 14, 2023
MSK/SMS