The World Bank (WB)
Stronger private sector critical for Bangladesh to realise economic potential: IFC, World Bank report
Bangladesh needs to embark on a new round of reforms to strengthen and modernise the private sector in a bid to unleash the country’s potential to drive diversified, export-led growth and create jobs, according to a new World Bank Group report.
Bangladesh ahead in South Asia in GDP growth in FY2019-20: WB
The World Bank in a report has estimated that Bangladesh will do better than its South Asian neighbours in GDP growth for the fiscal year 2019-20.
Accessing safe water: World Bank approves $200m for Bangladesh
The World Bank (WB) has approved $200 million to help Bangladesh improve access to safe water and sanitation services in rural areas.
World Bank approves $500 million to help Bangladesh improve road connectivity
The World Bank has approved $500 million to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts.
Coronavirus support: World Bank approves fast-track $100mn financing for Bangladesh
The World Bank has approved a fast-track $100 million financing to help Bangladesh prevent, detect, and respond to the Covid-19 pandemic and strengthen its national system for public health emergencies.
WB to support 1,200 women-owned businesses in Bangladesh
World Bank Group together with WEConnect International has launched a project to help 1,200 women-owned businesses connect with potential large local and multinational corporate buyers.
World Bank sees headwinds ahead for Bangladesh
The World Bank yesterday praised the progress Bangladesh achieved in recent years but apprehends a struggle ahead for the low tax revenue and banking sector’s poor condition.
WB to provide $100m to improve water supply, sanitation; deal on Oct 6
The World Bank (WB) will provide $100 million to increase access to improved water supply and sanitation system in selected 30 municipalities in Bangladesh as well as to help build their capacities for delivering water and sanitation services.
Govt, World Bank sign $185m-deal for renewable energy
The government signs a $185 million financing agreement with the World Bank to add about 310 megawatts renewable energy generation capacity, which will contribute to reliable, affordable electricity and cleaner air.
WB to give $100m to boost public service delivery
The World Bank (WB) will provide $100 million to Bangladesh government for improving public service delivery through an effective, efficient and transparent public financial management system, a statement of WB says.
Bangladesh in top 5 growing economy: WB
Bangladesh is among the five fastest growing economies in the world, World Bank says. The outlook was reflected in a new World Bank report titled ‘The Bangladesh Development Update April 2019: Towards Regulatory Predictability’.
WB approves $165m grant to help Rohingyas in Cox's Bazar
The World Bank (WB) approves a $165million 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 Upazila in Cox's Bazar.
WB okays $185m to expand renewable energy generation in Bangladesh
The World Bank has approved $185million to add up to 310 Megawatt (MW) in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country.
Bangladesh needs more reforms to make doing business easier: WB
Although the country has taken some initiatives to make doing business easier, the marginal change in Bangladesh's position in the World Bank Group's Doing Business 2019 report indicates that the pace of reforms needs to be increased significantly.
$300m WB loans to boost cash transfer for poor
The government yesterday signed a $300 million loan agreement with World Bank to improve transparency and efficiency of its major cash transfer programmes for the poorest and vulnerable, including the elderly, widows and people with disabilities.
WB chief wants supports for Rohingyas to come as grants: Muhith
World Bank President Jim Yong Kim wants that all the supports for the Rohingya people, who were forcibly displaced to Bangladesh from Myanmar, should come in the form of grant, Finance Minister AMA Muhith says.
Human Capital Index: Bangladesh outshines India, Pakistan
A child born today in Bangladesh would be more productive than his peers in India and Pakistan, as the country fared better than its larger regional competitors in a new World Bank ranking.
Half of country's 'safe' water supply contaminated
Nearly half of the country's “safe” water -- supplied from technologically-improved sources -- is contaminated with E. coli bacteria, which is responsible for various intestinal diseases, revealed a World Bank report released in the capital yesterday.
WB projects 7% growth for Bangladesh in FY19
World Bank has projected a seven per cent growth rate for Bangladesh in the fiscal 2018-19. The report ‘Bangladesh Development Update: Powering the Economic Efficiency’ said Bangladesh’s economy is still one of the fastest growing economies in the developing world.