Bangladesh, ADB Review Implementation of Assisted Projects

Dhaka: Bangladesh and the Asian Development Bank (ADB) have jointly reviewed the implementation progress of ADB-assisted projects to further improve development results.

Farida Nasreen, additional secretary of Bangladesh’s Economic Relations Division (ERD), and Manmohan Parkash, country director of the ADB, co-chaired the Tripartite Portfolio Review Meeting (TPRM) in Cox’s Bazar, some 392 km southeast of Dhaka, Xinhua news agency reported on Sunday citing an ADB statement.

The TPRM discussed the status of overall portfolio and prioritised actions to achieve development results timely. Special emphasis was laid on safeguards, financial management, and gender-related actions.

The government project executing agencies were briefed about and encouraged to use the new ADB procurement policy approved in 2017. (IANS)

Also Read: BUSINESS