Japan to provide $1.063b for budget support, railway upgrades
Jago News Desk Published: 30 May 2025, 10:14 AM
Japan and Bangladesh 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 as Development Policy Loan for Bangladesh's economic reforms and climate resilience, according to the Chief Adviser’s office Facebook page on Friday.
Additionally, Tokyo will also lend $641 million for upgradation of Joydevpur-Ishwardi into a dual-gauge double railway track and another 4.2 million dollars as grants for scholarships.