Asian Development Bank approves a $150 million for small entrepreneurs in Bangladesh

  • The Asian Development Bank (ADB) has approved a $150 million loan to Bangladesh to support cottage, micro and small enterprises (CMSEs) run by youth, returning migrant workers and rural entrepreneurs, particularly women, who have been disproportionately affected by the COVID -19 outbreak.
  • This project aims to facilitate employment creation and help these vulnerable groups recover from the adverse impact of the COVID-19 pandemic.