World Bank

A war-cry for sustainable development goals

During the 1992 presidential campaign in the USA, candidate Bill Clinton's campaign adopted a very powerful short message to convey to the party faithfuls and voters that the poor performance of the US economy should be the centerpiece of any conversation to unseat the incumbent President George Bush.
7 August 2015

Greece debt crisis: MPs to vote on new bailout plan

Greek MPs are to vote later on whether to back PM Alexis Tsipras's tough new proposals to secure a third bailout.
10 July 2015

Moving lower middle income status forward

For Bangladesh, moving ahead also means that it has to diversify its exports and move towards high value products.
5 July 2015

WB removes critical section from China report

The World Bank has removed a sharply critical portion from a recently released report on China's economy that called for reform of its financial system, saying the section had not been adequately reviewed and that its wording was inappropriate.
5 July 2015

Attaining 'lower middle income' status

It is no doubt a hopeful sign for Bangladesh that it has graduated from a low income status to a lower middle income one (LMIC) according to the World Bank's classification.
2 July 2015

Analysis: Getting ready to become a middle-income country

The other challenge we will face is how to keep rising inequality in check and how to make basic services accessible to the poor. It will need proper policy, institutions and financing.
2 July 2015

Bangladesh goes one step forward

Bangladesh yesterday graduated from the low income status to lower middle income nation (LMIC), meeting the World Bank's requirements comfortably.
1 July 2015

Europe's attack on Greek democracy

The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors.
30 June 2015

Time to prepare for the next disaster

The World Bank estimates that every dollar invested in disaster prevention saves $4 in disaster damage. A single large disaster can cost between three to six percent of a developing country's economic output.
23 June 2015

$476m WB fund for 2 projects

The World Bank approves $476 million for two projects in Bangladesh to develop a strong financial sector and to improve agricultural productivity for a million poor farmers.
7 June 2015

Nepal quake may trigger major tremors in Bangladesh

Nepal earthquake may trigger major tremors in Bangladesh as the earth plates are interconnected, experts warn.
26 April 2015

Unrest biggest risk to near-term outlook: WB

Political unrest, vulnerability in the banking sector and low investment stand in the way of higher GDP growth and economic development, the World Bank said.
16 April 2015

Slow growth, Greek crisis, Ebola on menu as IMF, World Bank meet

A sluggish global economy, the Greek debt crisis and continuing fallout of the Ebola epidemic will take focus beginning Thursday when top finance officials gather for the World Bank and IMF Spring meetings.
16 April 2015

American leadership in a multipolar world

GIVING up the spotlight is never easy. The United States, like many aging celebrities, is struggling to share the stage with new faces, especially
13 April 2015

Political turmoil ate up $2.2b in 3 months

Bangladesh suffers a financial loss of around $2.2 billion in the last three months due to political turmoil, according to a World Bank report.
12 April 2015

WB okays $200m credit for poor Bangladeshis

The World Bank today approved $200 million in interest-free credit to improve livelihoods of approximately five million poor people in the rural areas of Bangladesh
19 March 2015

UK to join China-backed Asian development bank

Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank, making it the first Western nation...
13 March 2015

Global flood toll to triple by 2030

The number of people affected by river flooding worldwide could nearly triple in the next 15 years
5 March 2015

More competitive market economy stressed by WB

The World Bank (WB) has stressed the need for a well-functioning competitive market' to promote sustained development in developing countries like Bangladesh. Highlighting the conclusions of its World Development Report 1991.
8 July 1991