World Bank
India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily
India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its...
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...
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...
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...
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...
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...
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...
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...