Project delay has been a persistent problem, but it is not an irreversible one

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

World Bank report shows

The World Bank Group is set to provide Bangladesh with upwards of $2 billion every year over the next four years to help the country gear up for its next phase of development.

Attempting to tackle poverty and climate change simultaneously could lead some governments to make costly and counterproductive decisions.

Though eucalyptus was eradicated from the public forest land, social forestry continues at a very high cost to natural ecosystems.

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 yesterday delivered yet another bad news for the economy as the Washington-based multilateral lender pared back Bangladesh’s growth forecast for this fiscal year by 1.5 percent to 5.2 percent.

Air pollution is killing around 80,000 people every year in Bangladesh by causing respiratory problems as well as depression, and wiping out around 4 percent of the country’s GDP, said a World Bank report yesterday.

The government has taken an initiative to set up four new vehicle inspection centres (VICs) to control emissions.

The World Bank has agreed to take lead in a landmark project to breathe life back into the five rivers surrounding Dhaka city involving about $20 billion.

Around 30 percent people in Bangladesh are facing food scarcity though the country’s economy made a recovery from the pandemic-induced shocks, says a World Bank survey.

The World Bank today slashed growth forecast for Bangladesh by 0.6 percentage points to 6.1 per cent for the current fiscal year ending in June 30, 2023, impacted by global economic slowdown and the war in Ukraine.

There are signs that Bangladesh’s stellar growth, which catapulted it among the 10 fastest growing economies over the past decade, may be losing steam soon unless critical reforms are undertaken to counter the decline, said a recent World Bank study.

An 11-member technical mission of the World Bank reached Chattogram port today to discuss various aspects of proposed Bay Terminal, a mega project taken to enable the port accommodate larger ships.

The World Bank has launched a youth competition, inviting solutions for climate-smart growth to mark 50 years of partnership with Bangladesh.

The Local Government Covid-19 Response and Recovery Project will benefit 39.9 million urban residents in all eight divisions, the World Bank said in a statement today.

One of the most common shortcomings of the general art of prediction among economists is that the information we rely on draws on a theoretical framework based on past data and future expectations.

The World Bank has approved a $500 million credit to help Bangladesh improve disaster preparedness against inland flooding in 14 flood-prone districts benefiting over 1.25 million people.

The World Bank yesterday approved a $1.03 billion financing to help improve regional trade in Bangladesh and Nepal by reducing trade and transport costs and transit time along the regional corridors.