Press "Enter" to skip to content

Posts tagged as “Bangladeh”

Bangladesh seeks to drop 4 more Indian LoC-funded projects

by Jahangir Shah in Prothom Alo, Aug 20, 2023Bangladesh has apparently lost its interest in undertaking projects under the Indian Line of Credits (LOC). It has already withdrawn eight projects from the Indian cluster loan during the last three years, while the authorities proposed withdrawal of four more projects. The situation is largely attributed to a range of factors, including strict loan terms, high demands of contractors, and hassle of taking approval at every point,…