World Bank

Bangladesh can boost exports with better logistics: WB

To meet the needs of its growing economy and boost export growth, Bangladesh needs to improve its transport and logistics systems, the World Bank said in a latest report today.
8 million Bangladeshis exit poverty cycle in six years: WB

The World Bank releases a study on Bangladesh’s poverty eradication situation saying some eight million people came out of the poverty cycle from 2010 to 2016 while Finance Minister AHM Mustafa Kamal expects it to be reduced significantly in next three years.
8m came out of poverty in 6yrs: WB

Around eight million people in Bangladesh have come out of poverty between 2010 and 2016, according to the latest poverty assessment report of World Bank.
WB to give $100m for safe water, sanitation

The World Bank has approved a loan of $100 million to increase access to improved water supply and sanitation system in 30 municipalities in Bangladesh as well as to help build their capacity for delivering water and sanitation services.
WB to help improve 4 neighborhoods in Dhaka

The government has signed a $100.5 million financing agreement with the World Bank to improve the condition of living of four large neighborhoods in Dhaka city, benefitting about a million residents.
WB helps Bangladesh improve service delivery for Rohingya

The Bangladesh government signs a $165 million grant financing agreement with the World Bank (WB) to provide basic services and build disaster and social resilience for the Rohingya who are fleeing violence in Myanmar.
Shunned by investors, poorer nations seek to climate-proof growth

As droughts and floods cut crop harvests and storms tear up buildings and power lines, countries vulnerable to climate change - from Bangladesh to Kenya and Guatemala - have proposed new ways to access cheaper financing to tackle the risks.
Reforms needed to sustain growth

Bangladesh needs to come up with reforms at the earliest to sustain the growth momentum which has landed it among the five fastest growing economies in the world, the World Bank said yesterday.
WB okays $165m to help provide for Rohingyas

The World Bank has approved a $165 million 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 upazilas in Cox's Bazar.
World Bank chief resigns abruptly

World Bank Group President Jim Yong Kim unexpectedly resigned on Monday, more than three years before his term ends in 2022, amid differences with the Trump administration over climate change and the need for more development resources.
WB approves $500m to boost livestock in Bangladesh

The World Bank (WB) has approved USD 500 million to improve livestock and dairy production in Bangladesh so that the country can meet growing demand for egg, meat and milk to improve the nutritional intake of its citizens.
Killing the environment

A recent World Bank report—an environmental analysis of Bangladesh—should erase any remaining doubts about the critical level that environmental pollution has reached in the country.
Pollution the killer

Some 18,000 deaths from environmental pollution occurred in 2015 in Dhaka, the second least livable city in the world, a World Bank report says.
WB announces $480m grants for Rohingya

The World Bank has announced $480 million grant-based support to help Bangladesh address the needs of Rohingya refugees in health, education, water and sanitation, disaster risk management, and social protection.
WB to provide $715m for two projects

The government of Bangladesh signs two financing agreements totaling $715 million with the World Bank to improve the primary education sector, and to help the country produce timely and quality statistics.
WB $55m for renewable energy in rural areas

The government signs a $55 million financing agreement with the World Bank to expand renewable energy uses in rural areas.
'Deteriorating Health' of Banking Sector: It's a big worry for economy: WB

The deteriorating health of banking sector has become a major concern for the economy, the World Bank said yesterday.
‘WB funds to cover both refugees, host community’

The World Bank has offered financial assistance to Bangladesh to help Rohingya refugees and their host community in Cox's Bazar where the extreme poverty rate is more than 40 percent.
WB offers both loan and grant

At a time when Bangladesh is hosting over a million Rohingya refugees as a show of compassion, the World Bank is offering the
Bangladesh slips a point

The World Bank Business report 2018 published on October 31 had mixed signals for Bangladesh. On the whole, we scored more points than the preceding year, but the increased costs associated with starting a new business and some other indicators cost Bangladesh one full point in the rankings.
Refugee Crisis: WB offers $400m, Japan gives $3m

Bangladesh can avail as much as $400 million from the World Bank as grants if it rolls out programmes exclusively for the Rohingya
WB forecasts 6.4pc growth

The World Bank has kept unchanged its growth forecast for Bangladesh at 6.4 percent for the current fiscal year, much lower than the
Rohingya crisis: WB ready to assist govt

If the government wants, the World Bank will support Bangladesh in addressing the Rohingya refugee crisis, says a top official of the global lender.
Combating Natural Disasters: World Bank offers $250m soft loan

The World Bank has offered a low-cost loan of $250 million to Bangladesh for tackling natural disasters.
WB to provide addl $47m to improve Ctg water supply

The government signs an additional $47.50 million financing agreement with the World Bank to continue construction of new water infrastructure in Chittagong and provide access to safe water to around 650,000 people in the city.
Congested Dhaka city needs more space

Development of the eastern part of Dhaka would help reduce population density and traffic congestion in the entire city, allowing it to
No more unplanned development of city

A World Bank-sponsored international conference yesterday underscored the need for planned development of the upcoming new city
Traffic jam in Dhaka eats up 3.2m working hrs everyday: WB

Many residents in Dhaka often lack access to basic services and in the last 10 years, average traffic speed has dropped from 21 km to 7 km (hour), only slightly above the average walking speed, says a new World Bank (WB) analysis.
World Bank President Kim visits bKash

World Bank Group President Jim Yong Kim visited the head office of bKash in Dhaka on Monday.
It's possible to end poverty in Bangladesh

World Bank President Jim Kim spent the last two days in Bangladesh to assess its growing prosperity and to mark on Monday the international day to end poverty.