Indian naval, rail and road transport 200 million loan to the country's new government, officials said. Indian Prime Minister's upcoming visit to an agreement between the two countries. In the meantime, the movement of Indian goods within the contract had been renewed. Officials from the Indian High Commission said the Finance Ministry has been informed of 200 million. Economic Relations Division Secretary Asif-uz-Zaman said the Indian embassy has sent a list of projects. However, he did not issue the loan amount.
Ministry of Finance officials and the conditions of the new loan interest rate will be the same as the 12-billion-dollar loan to the Indian authorities. The new interest rate will be 1 percent, a little higher interest rates, which the World Bank. As a condition of the loan, at least 75 per cent of the new projects, products and services will have to be imported from India, officials said. Priority railway, electricity, health, education, ICT and marine sector will spend the money.
In 2010 of India's 100 million dollar loan to Bangladesh. Indian Finance Minister Pranab Mukherjee said the current debt of $ 20 million after grants (interest-free) was announced. At present, 14 projects with 80 million dollars. A one billion dollar loan taken under the first round of the 14 projects, seven projects have been completed in the meantime, economic relations, officials said.
