Martin Raiser, the World Bank’s vice president for the South Asia Region, arrives in Dhaka tomorrow to discuss further reforms with the government for the support package sought to help Bangladesh tide over the period of global economic turmoil.

The government should stop fund wastage in the energy sector and eventually phase out subsidies, which have created pressure on the public coffer, according to economists and entrepreneurs.

Bangladesh Bank is anticipating the pressure on the balance of payments will blow over by the end of this fiscal year thanks to hearty assistance from development partners –-- an outlook termed wishful by economists.

Agricultural prices are expected to decline by 5 per cent next year, the World Bank said in its latest Commodity Markets Outlook report.

The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, the World Bank said in its latest Commodity Markets Outlook report.

A failure to secure meaningful progress on a debt relief for the world's poorest nations at the International Monetary Fund and World Bank annual meeting in Washington has left policymakers, campaigners and investors frustrated.

The growing number of people from Bangladesh registering for work overseas indicates that international migration from the country may soon surpass pre-pandemic levels, according to a recent report by the World Bank.

A Bangladesh delegation will discuss a $4.5 billion loan with International Monetary Fund officials in Washington next week.

Bangladesh’s request for additional budget support of $1 billion from the World Bank is unlikely to come through this fiscal year, dashing the government’s hope of meeting a portion of the budget deficit with cost-effective funding.

The World Bank has set forth 12 conditions for extending budget support of about $1.5 billion to Bangladesh over the next three years.

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.

Has this above-the-law institution lost relevance in today’s world?

Barely three bookshelves with broken doors, shattered glass panes scattered all over the floor and damp cobweb-ridden walls -- such is the scene inside Farashganj’s Johnson Hall, also known as Lalkuthi.

The government today signed a $515 million financing agreement with the World Bank to help 9 million people get access to reliable electric supply while transitioning to clean energy.

The Yunus Centre has released a statement refuting allegations brought against Nobel laureate Dr Muhammad Yunus recently.

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

World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.

Padma Bridge will boost inclusive economic growth and reduce poverty in Bangladesh, said Mercy Tembon, country director of the World Bank for Bangladesh and Bhutan today.

In response to criticism after the World Bank backed out of funding the Padma Bridge, Prime Minister Sheikh Hasina today said, “I’m the daughter of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. I’ll fulfil what I commit to InshAllah.”

Lambasting Dr Muhammad Yunus, PM Sheikh Hasina once again said the World Bank’s funding to the Padma multipurpose bridge project was stopped due to a person who got the highest opportunities from the Awami League government but betrayed the people of Bangladesh.