World Bank

Rohingya crisis: WB ready to assist govt

If the government wants, the World Bank will support Bangladesh in addressing the Rohingya refugee crisis, says a top official of the global lender.
27 September 2017

Combating Natural Disasters: World Bank offers $250m soft loan

The World Bank has offered a low-cost loan of $250 million to Bangladesh for tackling natural disasters.
25 August 2017

WB to provide additional $47m to improve Ctg water supply

The government signs an additional $47.50 million financing agreement with the World Bank to continue construction of new water infrastructure in Chittagong and provide access to safe water to around 650,000 people in the city.
6 August 2017

Congested Dhaka city needs more space

Development of the eastern part of Dhaka would help reduce population density and traffic congestion in the entire city, allowing it to
21 July 2017

No more unplanned development of city

A World Bank-sponsored international conference yesterday underscored the need for planned development of the upcoming new city
19 July 2017

Traffic jam in Dhaka eats up 3.2m working hrs everyday: WB

Many residents in Dhaka often lack access to basic services and in the last 10 years, average traffic speed has dropped from 21 km to 7 km (hour), only slightly above the average walking speed, says a new World Bank (WB) analysis.
19 July 2017

World Bank President Kim visits bKash

World Bank Group President Jim Yong Kim visited the head office of bKash in Dhaka on Monday.
19 October 2016

It's possible to end poverty in Bangladesh

World Bank President Jim Kim spent the last two days in Bangladesh to assess its growing prosperity and to mark on Monday the international day to end poverty.
18 October 2016

Significant World Bank pledge

The visiting World Bank (WB) chief has stated that Bangladesh has made “great progress in reducing child malnutrition and stunting” and committed to provide US$1billion over the next three years to that effect.
18 October 2016

WB pledges $2 billion to Bangladesh to fight climate change

World Bank President Jim Yong Kim pledges USD $2 billion over the next three years in new funding to help the country become less vulnerable to climate change.
18 October 2016

Commendable poverty reduction in Bangladesh

Recent World Bank poverty estimates reflect the remarkable achievements made by Bangladesh. From 40 million poor people seven years ago, the figure has come down to 28 million today.
7 October 2016

WB funds Bangladesh $360m for improving inland waterways

The World Bank approves US$360 million to help Bangladesh improve the navigability, year-round safe transport for passengers and cargo along Bangladesh’s busiest waterways.
17 June 2016

PM joins G7 outreach meeting with other world leaders

Prime Minister Sheikh Hasina attends the Outreach Meeting of the G7 countries, representing world's seven major advanced economies.
27 May 2016

WB launches financial move for pandemics

The World Bank Group has launched Pandemic Emergency Financing Facility (PEF), a “fast-disbursing global financing mechanism” to protect the world against deadly pandemics.
24 May 2016

WB warns of water scarcity-driven growth curb

Water scarcity, exacerbated by climate change, could cost some regions up to 6 percent of their GDP, spur migration, and spark conflict, World Bank says in a report.
4 May 2016

Bangladesh can create millions of jobs in RMG sector: WB study

Bangladesh can create millions of jobs for garment workers through improving the productivity and social and environmental compliance, according to a new study by the World Bank (WB).
2 May 2016

Those who conspired to kill Joy won’t be spared: PM

Prime Minister Sheikh Hasina vows to bring to justice those who conspired both at home and abroad to abduct and kill her son Sajeeb Wazed Joy in the USA.
30 April 2016

WB doubts 7.05% growth prediction

World Bank expresses doubt about the 7.05 percent provisional estimate for Bangladesh’s GDP growth for 2015-16 fiscal year. The question is whether the official estimate is consistent with other growth-related indicators, says Zahid Hussain, the lender's lead economist.
30 April 2016

Ecaudor earthquake toll rises to 646

A week after Ecuador's devastating earthquake, President Rafael Correa has said the number of fatalities has risen to 646.
24 April 2016

BB heist: WB for including casinos in Philippines dirty money law

The Philippines must make sure casinos are covered by anti-money laundering legislation, the World Bank says, joining calls for the government to better regulate its gambling industry after stolen millions from Bangladesh found their way to Manila.
11 April 2016