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Bangladesh approves World Bank, AIIB co-funded rural water supply, sanitation project - World News

2020-12-22 21:35:49 GMT2020-12-23 05:35:49(Beijing Time) Xinhua English DHAKA, Dec. 22 (Xinhua) Bangladesh s highest economic policy-making body has approved a World Bank and AIIB co-funded project worth around 19 billion taka (about 220 million U. S. dollars), a rural water supply and sanitation project. The project was approved at a meeting of the Executive Committee of the National Economic Council (ECNEC) chaired by Prime Minister Sheikh Hasina on Tuesday. After the meeting, Bangladesh s Planning Division Senior Secretary Md Ashadul Islam told the media that a total of five projects including the rural water supply and sanitation project involving an estimated cost of 33.08 billion taka were approved.

Tk 8,000cr Islamic bond for safe water supply

Tk 8,000cr Islamic bond for safe water supply BB, finance ministry sign MoU as the first-ever sukuk will hit market next week Bangladesh has made significant progress on universal access to improved water sources. But access to safe drinking water is still low. Photo: Star/File Bangladesh Bank will issue a sukuk next week, the first of its kind in Bangladesh, to raise Tk 8,000 crore for the implementation of a safe water supply project. The finance ministry is the originator of the Shariah-compliant bond, and the central bank will act as a special purpose vehicle (SPV) for the issuance of the security.

Prepaid Gas Meters in Dhaka: 1 2 lakh more households to get them

Prepaid Gas Meters in Dhaka: 1.2 lakh more households to get them Titas survey finds gas costs can be cut by 38pc The Executive Committee of the National Economic Council yesterday extended a project to install prepaid gas meters in Dhaka households, which will see 1.2 lakh more prepaid connections by December 2022. Residents of the capital can save 38 percent in costs if they are using prepaid gas meters, which also results in similarly reduced wastage of the utility, found a recent survey by Titas Gas Transmission and Distribution Company Limited. Titas is commissioning the meters at households in Dhaka to minimise wastage of the utility, and has set up 200,000 meters in the first two phases of the project that began in January 2015.

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