The government of Bangladesh has signed a $100 million grant financing agreement with the World Bank to scale up access to energy, water, sanitation services and disaster-resilient infrastructures for the Rohingya and the surrounding host communities.
The World Bank Group (WBG) is expected to launch health emergency programs in over 100 countries by the end of April to support the fight against COVID-19, with 64 already in operation, President David Malpass said Friday.
WASHINGTON, March 25, 2020— The World Bank Group and International Monetary Fund have issued the following joint statement to the G20 concerning debt relief for the poorest countries:
By Jeffrey D. Sachs Thanks to the World Bank’s flawed and corrupt investment arbitration process, the rich are making a fortune at the expense of poor countries. The latest shakedown is a $5.9 billion award against Pakistan’s government in favor…
The World Bank Group together with WE Connect International on Sunday launched a project to help 1,200 women-owned businesses connect with potential large local and multinational corporate buyers.
Dhaka, Oct 13 – Bangladesh has been ranked as the second fastest-growing economy in South Asia after Bhutan in the latest World Bank report on the economic situation.
Dhaka, Sept 24 – Bangladesh must take urgent steps to improve road safety to continue its robust growth, World Bank Vice President for South Asia Region Hartwig Schafer said on Tuesday as he concluded a two-day visit to the country…
JENNIFER J. SARA The global water crisis is a matter of too much, too little, and too polluted. Flooding, drought, dirty waterways—all have made the news these past 12 months.
Heavily polluted water is reducing economic growth by up to a third in some countries, a World Bank report said Tuesday, calling for action to address human and environmental harm.
By Jomo Kwame Sundaram and Anis Chowdhury Kuala Lumpur and Sydney, Apr 16 2019 (IPS) – The World Bank’s Enabling the Business of Agriculture (EBA) project, launched in 2013, has sought agricultural reforms favouring the corporate sector. EBA was initially…
Dhaka, Apr 4 (UNB) – Bangladesh is among the top five fastest growing economies in the world, said the World Bank. The report titled ‘The Bangladesh Development Update April 2019: Towards Regulatory Predictability’, published Thursday, said this growth, despite of…
KUALA LUMPUR and SYDNEY, Mar 26 2019 (IPS) – The World Bank has successfully legitimized the notion that private finance is the solution to pressing development and welfare concerns, including achieving the Sustainable Development Goals (SDGs) through Agenda 2030. A recent McKinsey…
Dhaka, Feb 27 (UNB) – Bangladesh needs to invest more in education to improve its quality and do it more effectively to address its learning crisis, a World Bank report said on Wednesday. Despite Bangladesh’s remarkable success in bringing nearly…
Dhaka, Feb 6 (UNB) – Noting that it is one of the toughest tasks to feed and manage so many Rohingyas here, visiting UNHCR special envoy and famous Hollywood actress Angelina Jolie on Wednesday said the UN Refugee Agency and…
China continues to borrow an average of $2 billion a year from the World Bank, making it one of the Bank’s top borrowers—despite being the world’s second-largest economy and itself a major global lender, according to our study released today.
A new report looks at the characteristics of high-growth firms, drivers of high-growth, and what this means for policymakers. November 2018—Policies to create jobs, promote entrepreneurship and growth are key priorities for many emerging economies. Designing and implementing reforms is…
Bangladesh has shown the sign of slight improvement as the World Bank’s Doing Business report put it on 176th position among 190 countries.
Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank on Saturday by urging countries to brace for potential risks from trade disputes and other tensions.
Nusa Dua, Oct 11 (AP/UNB) — The heads of the World Bank and IMF on Thursday urged the U.S. and China to play by world trade rules and de-escalate a dispute over Beijing’s technology development strategy that threatens to do…