World Bank
Budget support from WB, ADB: $1.1b loan likely by December
Bangladesh to utilise the fund to speed up reforms, stabilise reserves
Outdated infrastructure a challenge for financial reporting: NBR chairman
He speaks at a discussion organised by the Finance Division in collaboration with the World Bank
IMF, World Bank meetings clouded by wars, slow economic growth, US election
The International Monetary Fund and World Bank annual meetings are scheduled to draw more than 10,000 people from finance ministries, central banks and civil society groups to discuss efforts to boost patchy global growth, deal with debt distress and finance the green energy transition
Budget support from WB, IMF, ADB: Bangladesh may get $5.65b by this fiscal year
The government is expecting at least $5.65 billion in budget support this fiscal year from the World Bank, the International Monetary Fund (IMF), and the Asian Development Bank (ADB) to expedite reforms.
BB governor to visit US for World Bank-IMF meetings
The meetings will take place in between October 21 and October 26
Almost 40% of World Bank's recent climate funds unaccounted for: Oxfam
An Oxfam audit found that as much as $41 billion in climate finance could not be found "between the time projects were approved and when they closed."
World Bank unlocks another $30 bn by tweaking balance sheet
Key among the reforms was the announcement that the IBRD's minimum equity-to-loans ratio will fall to 18 percent from 19 percent, which will generate $30 billion in additional financing
Weak policing, polls uncertainty pose high risk to economy
The World Bank (WB) identified law and order, uncertainty surrounding the next general election and weak financial sector as the three major downside risks to Bangladesh’s economy and development.
Jobless rate among graduates tripled in nine years: WB
The share of unemployed tertiary-educated youth within the total unemployed population in Bangladesh increased to 27.8 percent in 2022 from 9.7 percent in 2013 as many struggled to find jobs that match their skills and educational qualifications, according to the latest World Bank (WB) report.
Up to $1.5b World Bank loans to be repurposed
The government has identified a dozen slow-paced projects funded by the World Bank, from which up to $1.5 billion will be repurposed and utilised as budget support or in other policy-based reform programmes.
Poorest countries face highest debt burden for 18 years: World Bank
"There is much that low-income economies can -— and must -— do for themselves," the World Bank's deputy chief economist, Ayhan Kose, said in a statement
Sri Lanka's leftist government secures $200m World Bank loan
The loan announced on Monday, which follows an earlier $500 million World Bank loan after the 2022 economic crash
Banks mostly gave loans to their owners rather than creditworthy borrowers
Bangladesh’s banking sector was not well-managed in recent years. Banks mostly gave loans to their owners, rather than to creditworthy entities. Consequently, several banks are now in difficulty.
WB to support reforms to promote Bangladesh growth
World Bank (WB) Vice President for South Asia Martin Raiser affirmed the bank’s commitment to support critical reforms to promote inclusive and sustainable growth of Bangladesh
World Bank may provide $2 billion in budget support
The World Bank (WB) is considering a $2 billion budget support for Bangladesh during the current fiscal year, according to the multilateral lender’s South Asia Region Vice President Martin Raiser
World Bank to support Bangladesh move to reform banking sector: Finance Adviser
The World Bank will provide support in reforming banking and other sectors in Bangladesh, Finance and Commerce Adviser Salehuddin Ahmed said on Thursday
Implementation of a banking commission to address challenges in the sector
It is unfortunate that the previous government fell short of its commitments to strengthen the banking sector.
World Bank, ADB urged to continue funding logically acceptable projects
Finance Adviser Salehuddin Ahmed says after meeting with ADB
Bangladesh receives $900 million in World Bank loans for two projects
These new financing operations will help Bangladesh in financial sector and urban management, says Abdoulaye Seck, World Bank country director for Bangladesh and Bhutan