Bangladesh received $54.27 million as foreign aid during the first month (July) of the current fiscal year (2011-12) against $35.65 million during the corresponding period last year.
The commitment for the month of July was much higher as it was $213 million compared to $200 million during the same period last year, said an official at the Economic Relations Division.
Bangladesh made a repayment of $81.05 million, including $64.35 million in principal amount and $16.70 million as interest in July.
Of the disbursed amount, the ERD official said, Bangladesh received $53.70 million in loan. The IDA of the World Bank disbursed $0.57 million as grant.
Of the loan amount, the Asian Development Bank provided the highest $38.01 million followed by $10.04 million by the IDA, $4.01 million by Japan and $1.62 million by the IFAD.
During the last fiscal, the foreign aid disbursement to Bangladesh witnessed a sharp fall compared to the previous year (2009-10) with the donors not disbursing as per their commitment.
The total foreign aid disbursement during the last fiscal totalled $1777.33 million, less $450.44 million than $2227.77 million recorded during fiscal 2009-10.
The aid commitment for the last fiscal, both in loan and grant, was $5929.27 million. Of the amount, the loan was $5335.08 million, mostly because of the donors' commitments for the Padma Multipurpose Bridge Project.
The grant commitments from the donors during the last fiscal were US$594.19 million.
However, the total aid disbursement for the last fiscal was $1777.33 million, including $726.62 million as grants and $1050.71 million as credit.
Source : New Age
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