The interim government appears to continue commercialising the country’s power and energy sector on the prescriptions of the World Bank and the Asian Development Bank, following the footsteps of successive governments, alleged the Consumers Association of Bangladesh on Wednesday...
Market Intelligence Platform, designed as a one-stop digital hub for exporters, was launched at a programme held at a hotel in Gulshan in Dhaka on Thursday, says a press release.
A financing agreement was signed on Sunday between the government of Bangladesh and the International Development Association of the World Bank Group involving $270 million loan to implement the ‘Bangladesh Sustainable Recovery, Emergency Preparedness and Response Project (B-STRONG)’...
The World Bank board of executive directors on Wednesday approved $270 million financing to bolster Bangladesh’s flood recovery efforts and enhance its resilience to future disasters, including support for constructing and rehabilitating critical infrastructure, strengthening agricultural system and improving livelihoods in areas devastated by the..
Finance adviser Salehuddin Ahmed on Tuesday said that the country was no more dependent on the International Monetary Fund and the World Bank.
Bangladesh has signed two loan deals worth $850 million with the World Bank to develop the Bay Terminal, a major marine terminal in Chattogram, and modernise the national social protection system...
The timing of elections is expected to weigh heavily on investment growth, said a World Bank report.
Both the World Bank and the International Monetary Fund have lowered their projections regarding the growth of Bangladesh’s gross domestic product for the outgoing financial year (2024-25) below 4 per cent....
Bangladesh could attract significant investments and create millions of jobs by implementing essential reforms across four sectors, according to a World Bank Group report released today at the Bangladesh Investment Summit 2025...
United International University hosted a distinguished delegation from The World Bank on Wednesday...
THE good old tale of the shortage of edible oil repeats, with Ramadan, the month of fasting for the Muslims, likely to begin at February’s end. While packed or bottled soya bean oil is reported to have been in short supply, it has started selling for prices higher than the official rate. The situation has pushed up prices of packed, including bottled, and unpacked soya bean...
World Bank vice-president Martin Raiser on Tuesday reiterated the global lender’s pledge to support the reform agendas of Bangladesh’s interim government.
Visiting World Bank vice-president Martin Raiser on Sunday said that the imposition of any new tax measure or tax expenditure should be made through the national budget...
Country’s eminent figure and former lead economist of the World Bank Dhaka office, Zahid Hussain has urged the authorities concerned to take steps for preventing foul plays in the capital market to restore confidence of the general investors...
THE recent decision to provide dearness allowance for government employees has sparked debates among economists, politicians and policymakers. Many arguments seem disconnected from reality and fail to consider the broader socio-economic context. Critics have presented views that do not always align with the financial struggles faced by most government employees...
Bank Asia PLC will receive $35 million from International Finance Corporation, a private sector arm of the World Bank Group, said a press release...
A World Bank project kicking off in July plans to introduce a system in some big industrial entities to continuously monitor their emissions...
Zahid Hussain, a prominent figure and former lead economist at the World Bank’s Dhaka office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 per cent in the next fiscal year (FY26) if the country does...
World Bank managing director Anna Bjerde on Thursday reiterated the global lender’s support to the interim government for rebuilding of Bangladesh.
The World Bank has intended to evaluate the asset quality of four state-owned banks in Bangladesh, with a particular focus on the scam-hit Janata Bank, using international audit firms.
Developing economies, which fuel 60 per cent of global growth, are projected to finish the first quarter of the 21st century with the weakest long-term growth outlook since 2000, according to the...
THIS is unfortunate that the proposed National Small and Medium Enterprise Policy 2025 offers almost no new strategies to facilitate the growth of the sector. The proposal appears to echo the strategies of the 2019 policy that failed to help the sector grow. Such a repetition of failed strategies reflects, as experts say, the government’s lack of commitment to...
A LOW intake of animal protein by the large majority of people because of serious erosion in their purchasing power consequent on persistent high inflation is worrying. High inflation, which has remained more than 10 per cent for months, has pushed many people below the poverty threshold while the number of extreme poor has increased. Inflation...
World Bank country director in Bangladesh Abdoulaye Seck made a farewell call on chief adviser Professor Muhammad Yunus at the State Guest House Jamuna on Monday.
The finance ministry on Sunday said that it expected $1.1 billion in loan support from the World Bank and the Asian Development Bank would be disbursed in the current month.
Bangladesh and the World Bank signed two financing agreements totaling US$900 million on Sunday to help the country achieve environment sustainability, climate resiliency, including in urban infrastructure and inclusive growth.
World Bank’s Board of Executive Directors has approved three projects worth $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development...
The World Bank on Friday approved $1.1 billion in loans to help Bangladesh under its three programmes.
The planning and education adviser Wahiduddin Mahmud on Saturday expressed hope that Bangladesh would see an elected government next year.
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world’s poorest nations, which it can leverage to generate a record $100 billion in total spending power.
