Sever Cyclonic Storm Yaas which intensified into a very severe cyclonic storm over Northwest Bay and adjoining area completed crossing North Odisha-West Bengal coast between North of Dhamra & South of Balasore by 3pm on Wednesday.
Helping poor in BD: WB approves $600 mn for 2 projects
The World Bank has approved $600 million for two projects in Bangladesh to help over 1.75 million poor and vulnerable populations.
Bangladesh inks over $1 b deal with WB for COVID-19 pandemic
Dhaka, Apr 14 : The government of Bangladesh signed three financing agreements totaling $1.04 billion with the World Bank to respond to the COVID-19 pandemic and to build resilience to future crises including vaccination against COVID-19.
WB okays $250 million for Bangladesh to COVID-19 pandemic respond
Dhaka, Mar 27 : World Bank has approved $250 million to help Bangladesh create more and inclusive jobs and effectively respond to the COVID-19 pandemic for a faster recovery and stronger resilience to future crises.
Pandemic Threatens Human Capital Gains of Past Decade: WB
WASHINGTON, Sept. 17, 2020 – The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital—the knowledge, skills, and health that…
WB okays $202 mn credit for food storage in BD
The World Bank’s Board of Executive Directors has approved $202 million in additional financing for the Modern Food Storage Facilities Project to increase the storage capacity of Bangladesh’s national strategic grain reserves by 535,500 tons for 4.5 million households.
WB approves $500m to help Bangladesh’s road connectivity
The World Bank has approved $500 million to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts.
Decisive, collective action must to fight Covid-19: WB, IMF
1. The Development Committee met virtually on Friday, April 17, 2020. 2. Our meeting occurred at a time of unprecedented challenges due to the COVID-19 pandemic. Its devastating effects are being felt across the globe as the human and economic…
Bangladesh to get $100m from WB to fight Covid-19
News Desk The World Bank (WB) has approved a fast-track $100 million financing to help Bangladesh prevent, detect and respond to the COVID-19 (Coronavirus) pandemic and strengthen its national systems for public health emergencies.
WB provides $350mn for locals, Rohingyas in Cox’s Bazar
Dhaka, April 01 – The World Bank has approved $350 million in grant financing for three projects to help Bangladesh cope with one of the world’s largest forced exoduses.
Govts launch 294 reforms to make doing business easier: WB
Regulation exists to protect workers, public safety, businesses, and investments. But inefficient or inadequate regulation can stifle entrepreneurial activity and business growth and impact the ease of doing business. It takes over 200 hours to complete export border requirements for…
Bangladesh GDP growth 7.2 percent likely in 2019-20: WB
Dhaka, Oct 10 – The World Bank has forecast over 7.2% Gross Domestic Product (GDP) growth for the current fiscal year (FY2019-20) of Bangladesh, driven by manufacturing and domestic demands, while government’s projection for the same fiscal year in the…
BD can prosper more with better jobs for women: WB
Dhaka, Apr 28 – Bangladesh can prosper further by ensuring more and better jobs for women, said a World Bank report released on Sunday. Bangladesh is among the few countries in South Asia that has increased female employment in the…
E.coli bacteria in 41pc of improved BD water sources: WB
Dhaka, Oct 11 – Despite Bangladesh’s remarkable progress in improving access to water and sanitation, 41 percent of all improved water sources are contaminated with Escherichia coli (E. coli) bacteria, which suggests a high prevalence of faecal contamination, said a…
Bridge fund on fair probe: WB, Muhith surprised
Agency The WB Dhaka office on Saturday issued a statement saying the bank will proceed with support for the Padma Bridge only if the Anti-corruption Commission (ACC) launches a full and fair investigation based on evidence of corruption under the…