World Bank
After IMF, it’s now WB’s turn to negotiate loan package
Martin Raiser, the World Bank’s vice president for the South Asia Region, arrives in Dhaka tomorrow to discuss further reforms with the government for the support package sought to help Bangladesh tide over the period of global economic turmoil.
Climate-smart ideas showcased at Ideabuzz 2022
The winning team is expected to pitch their idea at the World Bank Headquarters.
After IMF, it’s now WB’s turn to negotiate loan package
Martin Raiser, the World Bank’s vice president for the South Asia Region, arrives in Dhaka tomorrow to discuss further reforms with the government for the support package sought to help Bangladesh tide over the period of global economic turmoil.
Reduce fund wastage, phase out subsidy in energy sector
The government should stop fund wastage in the energy sector and eventually phase out subsidies, which have created pressure on the public coffer, according to economists and entrepreneurs.
Dollar crisis to go by next June
Bangladesh Bank is anticipating the pressure on the balance of payments will blow over by the end of this fiscal year thanks to hearty assistance from development partners –-- an outlook termed wishful by economists.
Agricultural prices likely to decline by 5% next year: World Bank
Agricultural prices are expected to decline by 5 per cent next year, the World Bank said in its latest Commodity Markets Outlook report.
Currency devaluation may intensify food, energy crisis: WB
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, the World Bank said in its latest Commodity Markets Outlook report.
Analysis: Poor nations face peril over elusive G-20 debt relief push
A failure to secure meaningful progress on a debt relief for the world's poorest nations at the International Monetary Fund and World Bank annual meeting in Washington has left policymakers, campaigners and investors frustrated.
Labour migration may exceed pre-Covid levels
The growing number of people from Bangladesh registering for work overseas indicates that international migration from the country may soon surpass pre-pandemic levels, according to a recent report by the World Bank.
Govt to ask IMF for 4.5b loan assistance
A Bangladesh delegation will discuss a $4.5 billion loan with International Monetary Fund officials in Washington next week.
$1b WB loan unlikely this fiscal year
Bangladesh’s request for additional budget support of $1 billion from the World Bank is unlikely to come through this fiscal year, dashing the government’s hope of meeting a portion of the budget deficit with cost-effective funding.