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Britain to provide Bangladesh $219 mln as development assistance
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20:35, January 22, 2009

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The British government will provide 150 million pounds (about 219 million U.S. dollars) to Bangladesh as development assistance in 2010-2011 fiscal year (July 2010-June 2011), a visiting British official said here on Thursday.

After a meeting with Bangladesh's Foreign Minister Dipu Moni here on Thursday, Director General of UK's Department for International Development (DFID) Mark Lowcock told reporters, "We expect to provide Bangladesh 150 million pounds in 2010-2011 fiscal year."

The British government's financial support focuses on development cooperation, health, education, supporting climate change victims and improving governance system, he said.

Britain will also continue its financial support to Bangladesh in the 2009-10 fiscal year to help improve the socio-economic life of Bangladeshis, Lowcock said.

According to the DFID's Dhaka office, British aid to Bangladesh for the current 2008-09 fiscal year will stand at approximately 114 million pounds (about 166 million U.S. dollars).

"Our intention is to continue supports to the countries which are demonstrating their own intention to grow and reduce poverty and provide better lives to their citizens," Lowcock said.

DFID is a British government department responsible for the country's bilateral and multilateral aid policy and spending.

Source: Xinhua



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