World Bank

World bank loan: $4.9b next fiscal

Bangladesh will get $4.9 billion in loan from the World Bank for a dozen projects in the next fiscal year, given that those are ready on time for implementation as stipulated by the global lender.

We must curb rising inequality

Reforms following the IMF prescription should not harm disadvantaged groups

WB concerned about project delays

The more than seven years average project implementation period for Bangladesh between 2016 and 2021 presents a risk to the effective implementation of the next country partnership framework, said the World Bank in a report recently.

Wide gap in formal-informal exchange rates led to forex reserve slide: WB

A wide gap in formal and informal exchange rate has been one of the factors behind the sharp fall in the foreign exchange reserves in Bangladesh as it shifts remittances from official channels to unofficial routes and impedes repatriation of export proceeds, said the World Bank.

Wide gap in formal-informal exchange rates led to forex reserve slide: WB

The multilateral lender says in its latest regional economic update

New chapter in partnership with World Bank

Bangladesh must make optimal use of the funds to benefit the people.

Bangladesh, World Bank sign $2.25 billion loan deal for 5 dev projects

The World Bank has agreed to provide a loan of $2.25 billion to Bangladesh

Bangladesh’s policy responses to mitigate external imbalances inadequate: World Bank

Bangladesh’s policy responses to mitigate external imbalances have so far been inadequate although risks have deepened for the country owing to geopolitical tensions, said the World Bank today.

IMF’s conditions on governance and corruption - rhetoric or reality?

The key to the ACC’s effectiveness in delivering its mandate is independence, especially when setting the example that, in handling allegations of corruption, it is guided by equality before law, and not by the status or identity of the individual depending on their political, governmental, or other connections.

February 15, 2023
February 15, 2023

What 50 years of World Bank partnership meant for us

How much good did the World Bank do in our country?

February 15, 2023
February 15, 2023

Global agricultural, cereal prices up: World Bank

The agricultural and cereal prices were 2 per cent higher than two weeks ago

February 11, 2023
February 11, 2023

Bangladesh approached IMF at the right time

Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.

January 24, 2023
January 24, 2023

World Bank MD reiterates strong support to Bangladesh

World Bank Managing Director for Operations Axel van Trotsenburg today reaffirmed the global lender’s strong support for Bangladesh to help achieve its vision of achieving upper-middle income status by 2031.

January 23, 2023
January 23, 2023

WB support sought for RMG sector development: BGMEA

The country’s apparel makers have sought cooperation from the World Bank (WB) for the development of Bangladesh’s garment sector.

January 23, 2023
January 23, 2023

Avoid middle-income trap at all costs

Bangladesh should be careful about falling into the middle-income trap, said Axel van Trotsenburg, the World Bank’s managing director of operations.

January 22, 2023
January 22, 2023

'WB will continue to support Bangladesh’s ICT sector'

The World Bank will continue its cooperation and support in the development of the country’s ICT sector.

January 22, 2023
January 22, 2023

Maize, wheat prices down 1%, rice up 1% in one month globally

Agricultural, cereal, and export prices have remained relatively stable in the one month to January 17, said the Food Security Update of the World Bank.

January 11, 2023
January 11, 2023

5 Top Stories to know today

The political climate is brewing steam. Here's a quick round-up of all the major stories today. 

January 11, 2023
January 11, 2023

WB forecasts 5.2pc GDP growth

The World Bank yesterday delivered yet another bad news for the economy as the Washington-based multilateral lender pared back Bangladesh’s growth forecast for this fiscal year by 1.5 percent to 5.2 percent.