Bangladesh, USAID sign $202.25 million grant agreement

Bangladesh and the United States Agency for International Development (USAID) signed a Development Objective Grant Agreement (DOAG) in Dhaka on Sunday.

Dhaka, Sep 15 -The 6th amendment of 'The Development Objective Grant Agreement’ (DOAG) has been signed between Bangladesh and the United States Agency for International Development (USAID) in Dhaka on Sunday.

A. K. M Shahabuddin, Additional Secretary, Economic Relations Division, Ministry of Finance and Reed J. Aeschliman, Mission Director, USAID have signed the amendment on behalf of the Bangladesh government and USAID respectively at the state guest house Padma.

On September 27, 2021, a new DOAG was signed between Bangladesh and USAID for the period of 2021-2026. By implementing the DOAG, USAID is committed to contribute a total $954 million.

So far up to 5th amendment, USAID has provided $425 million. Under this 6th amendment, USAID will provide $202.25 million grant for three sectors namely (a) Good Governance, (b) Social, Human and Economic Opportunity and (c) Resilience.

The United States of America is a trusted development partner of Bangladesh since 1972. Under an umbrella agreement titled “Economic Technical & Related Assistance” which was signed in 1974, USA has contributed more than $8 billion till today (September 15, 2024) in different sectors like democracy and governance, food security, health and education, and global climate change.

USA provides most of its development assistance through United States Agency for International Development (USAID), United States Department of Agriculture (USDA) and some other Government and non-Government organizations. - UNB