Bangladesh: South Korea to provide $3bn in soft loans to Bangladesh

DHAKA, 01 September 2022, (TON): South Korean Ambassador to Bangladesh Lee Jang-keun said “his country will significantly increase the size of soft loans to Bangladesh to $3 billion from the current $700 million.”

He said “this amount will be implemented during the next five years, between 2022 and 2026.”

Diplomatic Correspondents Association, Bangladesh (DCAB) organized the event. DCAB President Rezaul Karim Lotus and its General Secretary AKM Moinuddin also spoke.

Previously, the size of the soft loans agreed between the two governments was $700 million during the five-year period of 2021 and 2025.

 

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