The World Bank (WB)

WB to help Bangladesh improve climate-smart growth: Georgieva

The World Bank (WB) reaffirms its continued support to Bangladesh to achieve the country’s vision of reaching an upper-middle income status through ensuring green growth, as the bank’s Chief Executive Officer Kristalina Georgieva concluded a two-day visit.
WB to give $100m to boost public service delivery

The World Bank (WB) will provide $100 million to Bangladesh government for improving public service delivery through an effective, efficient and transparent public financial management system, a statement of WB says.
Bangladesh in top 5 growing economy: WB

Bangladesh is among the five fastest growing economies in the world, World Bank says. The outlook was reflected in a new World Bank report titled ‘The Bangladesh Development Update April 2019: Towards Regulatory Predictability’.
WB approves $165m grant to help Rohingyas in Cox's Bazar

The World Bank (WB) approves a $165million grant to help Bangladesh provide basic services and build disaster and social resilience for the Rohingyas who fled violence in Myanmar and took shelter in Teknaf and Ukhia Upazila in Cox's Bazar.
WB okays $185m to expand renewable energy generation

The World Bank has approved $185million to add up to 310 Megawatt (MW) in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country.
Bangladesh needs more reforms to make business easy: WB

Although the country has taken some initiatives to make doing business easier, the marginal change in Bangladesh's position in the World Bank Group's Doing Business 2019 report indicates that the pace of reforms needs to be increased significantly.
$300m WB loans to boost cash transfer for poor

The government yesterday signed a $300 million loan agreement with World Bank to improve transparency and efficiency of its major cash transfer programmes for the poorest and vulnerable, including the elderly, widows and people with disabilities.
WB chief wants supports for Rohingyas to come as grants: Muhith

World Bank President Jim Yong Kim wants that all the supports for the Rohingya people, who were forcibly displaced to Bangladesh from Myanmar, should come in the form of grant, Finance Minister AMA Muhith says.
Half of country's 'safe' water supply contaminated

Nearly half of the country's “safe” water -- supplied from technologically-improved sources -- is contaminated with E. coli bacteria, which is responsible for various intestinal diseases, revealed a World Bank report released in the capital yesterday.
Human Capital Index: Bangladesh outshines India, Pakistan

A child born today in Bangladesh would be more productive than his peers in India and Pakistan, as the country fared better than its larger regional competitors in a new World Bank ranking.
WB projects 7% growth for Bangladesh in FY19

World Bank has projected a seven per cent growth rate for Bangladesh in the fiscal 2018-19. The report ‘Bangladesh Development Update: Powering the Economic Efficiency’ said Bangladesh’s economy is still one of the fastest growing economies in the developing world.
Bangladesh needs sustained support for Rohingyas: WB

World Bank Vice President for South Asia Region Hartwig Schafer yesterday said the world needs to provide sustained support to Bangladesh, to meet the urgent needs of the Rohingyas as well as the host community in Cox's Bazar.
WB approves $25m grant for Rohingyas

The World Bank (WB) has approved another $25 million, including $4 million from Canada, to help Bangladesh provide education and support to heal the psychological wounds of Rohingya children and youths who had fled violence in Myanmar.
Generous humane country like Bangladesh shouldn’t be punished: WB

Appreciating Bangladesh's generous support, visiting World Bank Group President Jim Yong Kim says they are insisting that generous humane countries that support refugees should not be punished.
Rohingya crisis: WB to provide $480m aid

The World Bank announces to provide $480 million in grant-based support to help Bangladesh address the needs of Rohingya refugees in areas such as health, education, water and sanitation, disaster risk management, and social protection.
UN chief's visit to highlight need for more global support for Rohingyas

United Nations (UN) Secretary General Antonio Guterres and World Bank (WB) Group President Dr Jim Yong Kim will visit Bangladesh on July 1-2 to see the severity of Rohingya situation and UN agencies' engagement in the camps.
WB provides $700m for primary education in Bangladesh

The World Bank (WB) approves $700 million to improve the primary education sector in Bangladesh, says a press release.