Bangladesh received USD 500 mln in World Bank loans, boosting its FX reserves to USD 30.36 bln. The loans, aimed at “green and climate-resilient development,” have different maturity terms: USD 176 mln to be repaid in 30 years with a 5-year grace period and USD 324 mln to be repaid in 12 years with a 6-year grace period. Meanwhile, the country’s trade deficit narrowed to USD 14.61 bln in the first nine months of the fiscal year, with exports rising 7.8% and imports falling 12.3%. Also, the current account deficit shrank by 74.6% to USD 3.64 bln in the same period.