World Bank

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.
7 October 2019

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 delivering water and sanitation services.
12 July 2019

WB to help improve 4 large 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.
29 May 2019

WB gives $165m to 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 violence in Myanmar.
8 May 2019

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 access cheaper financing to tackle the risks.
13 April 2019

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.
4 April 2019

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 in Teknaf and Ukhia upazilas in Cox's Bazar.
9 March 2019

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 the need for more development resources.
8 January 2019

WB approves $500mn to boost livestock, dairy production 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 nutritional intake of its citizens.
9 December 2018

Killing the environment

A recent World Bank report—an environmental analysis of Bangladesh—should erase any remaining doubts about the critical level that environmental pollution has reached in the country.
2 October 2018

Pollution the killer

Some 18,000 deaths from environmental pollution occurred in 2015 in Dhaka, the second least livable city in the world, a World Bank report says.
16 September 2018

WB announces $480m grants for Rohingya

The World Bank has announced $480 million grant-based support to help Bangladesh address the needs of Rohingya refugees in health, education, water and sanitation, disaster risk management, and social protection.
29 June 2018

WB to provide $715m for two projects

The government of Bangladesh signs two financing agreements totaling $715 million with the World Bank to improve the primary education sector, and to help the country produce timely and quality statistics.
28 June 2018

WB $55m for renewable energy in rural areas

The government signs a $55 million financing agreement with the World Bank to expand renewable energy uses in rural areas.
30 May 2018

'Deteriorating Health' of Banking Sector: It's a big worry for economy: WB

The deteriorating health of banking sector has become a major concern for the economy, the World Bank said yesterday.
9 April 2018

‘WB funds to cover both refugees, host community’

The World Bank has offered financial assistance to Bangladesh to help Rohingya refugees and their host community in Cox's Bazar where the extreme poverty rate is more than 40 percent.
22 November 2017

WB offers both loan and grant

At a time when Bangladesh is hosting over a million Rohingya refugees as a show of compassion, the World Bank is offering the
7 November 2017

Bangladesh slips a point

The World Bank Business report 2018 published on October 31 had mixed signals for Bangladesh. On the whole, we scored more points than the preceding year, but the increased costs associated with starting a new business and some other indicators cost Bangladesh one full point in the rankings.
1 November 2017

Refugee Crisis: WB offers $400m, Japan gives $3m

Bangladesh can avail as much as $400 million from the World Bank as grants if it rolls out programmes exclusively for the Rohingya
27 September 2017

WB forecasts 6.4pc growth

The World Bank has kept unchanged its growth forecast for Bangladesh at 6.4 percent for the current fiscal year, much lower than the
27 September 2017