The United States Agency for International Development (USAID) has committed over $200 million in new aid to bolster Bangladesh’s interim government in driving the nation’s development, empowering its youth, and reinforcing democratic governance. This milestone agreement, signed between USAID and the Economic Relations Division (ERD) at the State Guest House Padma in Dhaka, underscores the shared vision of fostering inclusive growth and prosperity for the people of Bangladesh.
Anjali Kaur, Deputy Assistant Administrator of USAID’s Bureau for Asia, emphasized the focus on economic stability and long-term growth, remarking, “This agreement supports the interim government’s commitment to inclusive prosperity, with a focus on economic stability, health improvements, and strengthening governance. We’re also prioritizing youth empowerment to ensure young people have the opportunities they need to thrive.”
The agreement was signed by ERD Additional Secretary AKM Shahabuddin and USAID Mission Director Reed J. Aeschliman. This $202 million grant is part of USAID’s broader $954 million commitment to Bangladesh for 2021-2026. So far, USAID has delivered $425 million under this ongoing initiative.
Since 1972, the United States has been a key partner in Bangladesh’s progress, contributing over $8 billion through initiatives spanning democracy, food security, health, education, and climate change. This enduring partnership has been anchored by the 1974 Economic, Technical, and Related Assistance Agreement, with USAID leading many of the efforts.
Following a meeting with senior US Treasury Department and USAID officials, Finance and Commerce Adviser Salehuddin Ahmed highlighted discussions on financial sector reforms, export diversification, and recovering money laundered abroad—key areas of cooperation between Bangladesh and the United States.
