The nation has kicked off talks with ratings agencies to lay the groundwork for a return to international debt markets
Padma no longer an option for World Bank
The World Bank has denied reports that it might return to fund the 6.15-km Padma rail-road bridge project.
Published : 28 Sept 2015, 10:29 AM
Updated : 28 Sept 2015, 02:29 PM
“Bangladesh has withdrawn its funding request,” South Asia spokesman Alex Fergusson told bdnews24.com on the sidelines of the three-day regional economic conclave and added that the question did not arise at this stage with Bangladesh going ahead on its own.
Bangladesh withdrew its funding request amid a row over alleged corruption in the appointment of multi-million dollar consulting work for the Padma bridge project.
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