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US funding to help Bangladesh achieve inclusive, equity, democracy: Embassy

US funding to help Bangladesh achieve inclusive, equity, democracy: Embassy

Staff Correspondent

The US Embassy in Dhaka on Monday said that the USAID has committed nearly $1 billion from 2021 to 2026 to improving the lives of the Bangladeshi people.

During the US delegation's visit, USAID signed a development agreement worth over $200 million with the interim government to support Bangladesh in advancing development, strengthening governance, expanding trade, and creating greater opportunities for Bangladeshis to build a brighter and more prosperous future.

The US Embassy said that this latest tranche of funding will help Bangladesh chart a more inclusive, equitable, and democratic path for its people

The officials discussed ways to support inclusive economic opportunities for the people of Bangladesh, ensure financial stability, and strengthen democratic governance.

The US interagency delegation held meetings with key advisers for the Bangladesh Interim Government, including Chief Adviser Prof Muhammad Yunus, Foreign Affairs Adviser Touhid Hossain, and Finance and Commerce Adviser Dr. Salehuddin Ahmed on Sunday.

The US delegation included Department of Treasury Assistant Secretary Brent Neiman, Assistant Secretary of State for the Bureau of South and Central Asian Affairs Donald Lu, USAID Deputy Assistant Administrator for Asia Änjali Kaur, and Assistant US Trade Representative Brendan Lynch.

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