Prime Minister Sheikh Hasina
today said no condition was imposed on US$ 2 billion Line of Credit (LoC) to be
provided as loans to Bangladesh by India , saying that Bangladesh is accepting the money to use independently.
"There
is no condition in accepting $2 billion LoC from India . We can spend the amount in the projects and sectors at
our will...we don't receive anything on conditions," she said. "We
are an independent country and we are accepting the money by maintaining
friendly relations and keeping an opportunity for working independently,"
she added.
The
premier made the comments while responding to a supplementary from independent
lawmaker Rustam Ali Farazi during question-answer session in the parliament.
Quoting
from a Planning Ministry report that Bangladesh economy has secured the 44th position on global rating,
jumping 14 steps ahead as per the current prices of Gross Domestic Product (GDP ),
the Leader of the House said the government would spend the money to further
speed up this uplift.
The
Planning Ministry prepared the report "Bangladesh is moving ahead, the
latest position of Bangladesh in the global economic arena" based on the
information of the World Development Indicators database, World Bank, April
2015 and the IMF World Economic Outlook (WEO), April 2015.
"We
would spend the money to achieve our GDP
target, alleviate poverty and take the country to the path of rapid
development. Keeping this in mind, Bangladesh would be upgraded to become a middle income country by
2021 and a developed one by 2041," Sheikh Hasina said.
