News
23 February 2021

Dhaka needs to pay $460m to join NDB

Region:
Asia-Pacific

Bangladesh will have to pay about $460 million in subscription fee to become a member of the New Development Bank. Of the sum, $92 million shall be contributed to the bank's paid-up capital payable in seven annual installments, according to a letter of the High Commission of India in Dhaka. It came as the high commission said India was interested in helping Bangladesh become a member of the NDB. 


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