Japan to lend $63 mn to Bangladesh

By Indo Asian News Service | Thursday, January 26, 2012 | 4:25:05 AM IST (+05:30 GMT) 0 Comment

Dhaka, Jan 26 (IANS) Japan will lend $63 million to Bangladesh for a maternal and child health project.

Dhaka, Jan 26 (IANS) Japan will lend $63 million to Bangladesh for a maternal and child health project.

The money will be used in training health workers and upgrading facilities and equipment related to maternal, neonatal and child health, Xinhua quoted a statement of the Japanese embassy as saying Wednesday.

The loan is provided through Japan International Cooperation Agency (JICA) at the interest rate of 0.01 percent per annum, with the repayment period of 40 years.

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