The Yunus Centre has released a statement refuting allegations brought against Nobel laureate Dr Muhammad Yunus recently.

The World Bank today approved $1.03 billion of financing to help improve regional trade in Bangladesh and Nepal by reducing trade and transport costs and transit time along the regional corridors.

World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.

Padma Bridge will boost inclusive economic growth and reduce poverty in Bangladesh, said Mercy Tembon, country director of the World Bank for Bangladesh and Bhutan today.

In response to criticism after the World Bank backed out of funding the Padma Bridge, Prime Minister Sheikh Hasina today said, “I’m the daughter of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. I’ll fulfil what I commit to InshAllah.”

Lambasting Dr Muhammad Yunus, PM Sheikh Hasina once again said the World Bank’s funding to the Padma multipurpose bridge project was stopped due to a person who got the highest opportunities from the Awami League government but betrayed the people of Bangladesh.

The government will invite Dr Muhammad Yunus, BNP chairperson Khaleda Zia and World Bank president to the Padma Bridge inauguration ceremony on June 25.

Prime Minister Sheikh Hasina today said her government’s move to self-finance Padma Bridge has brightened Bangladesh’s image globally.

Prime Minister's Economic Affairs Adviser Mashiur Rahman broke down in tears while recalling the alleged 2012 Padma Bridge corruption scandal.

Yesterday, Wednesday, 18th May, during her speech marking her homecoming from exile, Prime Minister Sheikh Hasina made a reference to me.

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 debt.

The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.

The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain disruptions.

The government has set an ambitious economic growth target of 7.5 per cent for the next fiscal year although the country faces new headwinds owing to higher prices of commodities globally and is still recovering from the shocks of the coronavirus pandemic.

World Bank today approved $358 million to help Bangladesh improve road safety, and reduce fatalities and injuries from road accidents in selected high-risk highways and district roads.

Finance Minister AHM Mustafa Kamal has urged the International Finance Corporation (IFC) to extend easy loans for the development of the private sector in Bangladesh.

World Bank has approved $350 million in grant financing for three projects to help Bangladesh address needs of the host communities and the displaced Rohingyas in Cox’s Bazar district for their health services, response to gender-based violence, social protection, basic services and infrastructure.

The World Bank has announced an initial $12 billion in immediate funds to assist countries grappling with the health and economic impacts of the coronavirus outbreak that has spread quickly from China to some 80 countries.

To meet the needs of its growing economy and boost export growth, Bangladesh needs to improve its transport and logistics systems, the World Bank said in a latest report today.

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 Kamal expects it to be reduced significantly in next three years.