The Asian Development Bank (ADB) has approved a $250 million loan to strengthen and expand social safety net programs in Bangladesh, according to a press release dated April 24, 2026. The financing aims to improve the coverage and efficiency of social protection systems for vulnerable groups, including the poor, elderly, and disabled.
The project, titled 'Strengthening Social Safety Net Systems,' will support the Government of Bangladesh's efforts to modernize its social protection framework. Key components include enhancing the targeting of beneficiaries through improved data systems, streamlining program delivery, and increasing the use of digital payments to reduce leakage and fraud.
ADB's support will also focus on building institutional capacity at the national and local levels to manage social protection programs more effectively. The loan is part of ADB's broader commitment to promoting inclusive growth and reducing poverty in the Asia-Pacific region.
Bangladesh has made significant progress in reducing poverty over the past decade, but challenges remain in ensuring that social safety nets reach the most vulnerable. The ADB loan is expected to benefit approximately 10 million people across the country.
