World Bank

World Bank forecasts 2024 global growth to slow for third consecutive year

According to the World Bank 2024 forecast, global growth is on course for a slow growth, third year in a row
10 January 2024, 05:43 AM

Private sector funding key to climate transition, World Bank chief says

It currently takes 27 months, on average, before "the first dollar goes out the door," Ajay Banga said in an interview in his brightly lit office in the Bank's headquarters close to the White House.
4 January 2024, 04:35 AM

Bangladesh falls behind peers in receiving non-resident deposits

Bangladesh is lacking among four South Asian countries to attract deposits and investments from Bangladeshi migrants, according to a World Bank report
19 December 2023, 18:15 PM

World Bank warns of frauds misusing its name in Bangladesh

The global lender came up with the warning in a statement yesterday in light of recent reports of online loan scams using its name and logo in Bangladesh.
13 December 2023, 09:57 AM

Fixing global economic governance

Rarely have the shortcomings of world leaders and existing institutional arrangements been so glaringly obvious.
26 October 2023, 03:00 AM

How stable is the global financial system really?

The global financial system looks stable, because central banks have shifted more and more debt onto their books.
21 October 2023, 10:00 AM

High inflation to persist in Bangladesh: World Bank

WB Country Director Abdoulaye Seck says at AmCham meeting
19 October 2023, 11:06 AM

World Bank to give $500 million budget support

WB country director shared the information in a meeting with Planning Minister MA Mannan
4 October 2023, 14:42 PM

WB lowers Bangladesh’s economic growth projection

Bangladesh's economy may grow at a slower pace in the current fiscal year than it did in the previous year as it faces significant economic headwinds such as high inflation, external payment pressure, financial sector vulnerabilities and uncertainty, the World Bank said today.
3 October 2023, 06:33 AM

World Bank gives $200m for healthcare services, dengue prevention in Bangladesh

The World Bank has approved a $200 million loan to help improve primary healthcare services and prevent mosquito-borne diseases like dengue in Bangladesh.
31 August 2023, 07:16 AM

World Bank to boost employment opportunities for 900,000 Bangladeshi youths

Bangladesh and the World Bank today signed a $300 million financing agreement to equip about 900,000 economically disengaged rural youths with skills and alternative education needed for employment and entrepreneurship
27 August 2023, 09:31 AM

US politics and the Paris finance summit

The leaders at the Paris summit recognised the urgent need for a massive expansion of official development financing from the Multilateral Development Banks (MDBs).
2 July 2023, 13:00 PM

Trade, connectivity in SA: $1.03b WB project to boost national income by 16pc

The World Bank has launched a $1.03 billion inter-country connectivity project in the South Asia region that will lead to an increase in national income by over 16 percent in Bangladesh.
15 June 2023, 01:00 AM

World Bank VP reiterates strong support for Bangladesh

“We stand ready to redouble our support under our new country strategy and accelerated implementation of our large existing portfolio,” said Martin Raiser.
13 June 2023, 12:50 PM
12 June 2023, 12:13 PM

$858 million WB financing for climate resilient agri growth, road safety

Bangladesh and the World Bank today signed two financing agreements in this regard
7 June 2023, 11:41 AM

Turning plastic perils into a prize

The country has been seeing a worsening plastic waste problem over the last decade and a half, and recently, a small step has been taken towards possible mitigation.
5 June 2023, 01:10 AM

World bank loan: $4.9b next fiscal

Bangladesh will get $4.9 billion in loan from the World Bank for a dozen projects in the next fiscal year, given that those are ready on time for implementation as stipulated by the global lender.
21 May 2023, 01:00 AM

We must curb rising inequality

Reforms following the IMF prescription should not harm disadvantaged groups
17 May 2023, 01:03 AM

WB concerned about project delays

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.
11 May 2023, 01:00 AM