Bangladesh okays Tk 8,483 crore WB project for Rohingyas
Bangladesh has okayed a Tk 8,483 crore cluster project to be funded by the World Bank for the displaced Rohingyas living in the country and the affected host community.
Of the total project funds, the World Bank will extend Tk 7,720 crore ($700 million) -- Tk 4,475 crore as loan and Tk 3,244 crore in the form of grants.
And the government will provide the rest of the amount of the project fund.
The project was approved today in a meeting of the Executive Committee of the National Economic Council (Ecnec) chaired by Prime Minister Sheikh Hasina.
The cluster project to be coordinated by the Economic Relations Division is difficult and complex as seven ministries are involved in it, Planning Minister Abdus Salam said while briefing journalists after the end of the Ecnec meeting.
The project comprises 19 components, addressing education, health, restoration of forests, electricity and infrastructure development.
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