The WB also revised down economic growth estimate on Bangladesh to 5.2 percent for the FY24

The World Bank has pledged $3 billion this fiscal year to support Bangladesh’s reform agenda, said the interim government.

The country director informed that the WB can mobilise about $2 billion this fiscal year to support critical reforms, flood response, better air quality, and health

The WB has agreed to provide budget support to Bangladesh to address its economic challenges, largely stemming from declining foreign exchange reserves, Finance and Commerce Adviser Salehuddin Ahmed said today.

WB country director shared the information in a meeting with Planning Minister MA Mannan

The more than seven years average project implementation period for Bangladesh between 2016 and 2021 presents a risk to the effective implementation of the next country partnership framework, said the World Bank in a report recently.

The World Bank has agreed to provide a loan of $2.25 billion to Bangladesh

Bangladesh should be careful about falling into the middle-income trap, said Axel van Trotsenburg, the World Bank’s managing director of operations.

The World Bank Group is scaling up its lending to Bangladesh in non-concessional terms by as much as three times to prepare the country for its impending LDC graduation, which would close the doors to low-cost funds.

The World Bank has approved a $165 million 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 upazilas in Cox's Bazar.

The World Bank has finally agreed to provide Bangladesh a grant to meet the basic needs of around one million Rohingyas who fled their homeland Myanmar, a high government official said.