Bangladesh Requests Assistance from IsDB to Deal with COVID-19 and for its SMEs

Bangladesh has requested assistance from the Islamic Development Bank (IsDB) for funds to procure vaccines against the coronavirus and for Small and Medium Enterprises (SMEs) in the country. This request was proposed at the IsDB Group annual conference held in Uzbekistan, which ended on the 4th of September 2021.

Why it Matters?

Tofazzel Hossain Miah, Secretary to the Prime Minister's Office of Bangladesh said that as the IsDB has played a major role in the economic development of Bangladesh since 1976, the country has hence called for continued support for post-pandemic recovery.

Details

IsDB is a multilateral development financial institution counting 57 countries as its members. Bangladesh has been appointed as t...