The World Bank (WB)

June 29, 2019
June 29, 2019

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.

April 4, 2019
April 4, 2019

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’.

March 9, 2019
March 9, 2019

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.

March 2, 2019
March 2, 2019

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.

November 1, 2018
November 1, 2018

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.

October 29, 2018
October 29, 2018

$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.

October 13, 2018
October 13, 2018

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.

October 12, 2018
October 12, 2018

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.

October 12, 2018
October 12, 2018

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.

October 2, 2018
October 2, 2018

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.