Development Effectiveness Brief: Bangladesh

Abstract

Bangladesh has made significant socioeconomic gains with a steady rise in its gross domestic product, boost in social development, and meeting the Millennium Development Goal of halving the incidence of poverty in 1990–2015. Since 1973, the Asian Development Bank (ADB) has been a key partner contributing to economic development and reforms in Bangladesh, particularly in the energy, transport, and education sectors. As of December 2016, ADB’s cumulative assistance for Bangladesh amounted to $18.3 billion for 265 loans, and $249.5 million for 419 technical assistance projects. Bangladesh is one of the largest recipients of concessional Asian Development Fund resources.