The funding includes $300 million as emergency support for food security

The World Bank’s board is set to approve $1.5 billion in budget support under three loan programmes for Bangladesh this month, a development that will bring much relief to the strained government finances amid the Middle East war.

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.

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

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