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Bangladesh Secures $1.8B Support Amid Energy Crisis

3/21/2026

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Summary

Story summary

Key Information: Bangladesh imports 95% of its oil and gas and has not raised electricity prices despite rising costs from the Middle East war.
The International Monetary Fund (IMF) has committed US$1.3 billion and the Asian Development Bank (ADB) US$500 million to support energy needs, while the government seeks US$2 billion in loans.
Authorities are exploring energy sources from North America, South America, and Africa to maintain foreign currency reserves.

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Story summary

Key Information: Bangladesh imports 95% of its oil and gas and has not raised electricity prices despite rising costs from the Middle East war.
The International Monetary Fund (IMF) has committed US$1.3 billion and the Asian Development Bank (ADB) US$500 million to support energy needs, while the government seeks US$2 billion in loans.
Authorities are exploring energy sources from North America, South America, and Africa to maintain foreign currency reserves.