World Bank
We need to talk about the World Bank
Has this above-the-law institution lost relevance in today’s world?
20 July 2022, 13:00 PM
Resurrecting Lalkuthi
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.
14 July 2022, 18:00 PM
World Bank’s $515m deal for reliable electricity thru Palli Bidyut
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.
30 June 2022, 14:59 PM
PM’s allegations, Yunus Centre’s clarifications
The Yunus Centre has released a statement refuting allegations brought against Nobel laureate Dr Muhammad Yunus recently.
30 June 2022, 09:36 AM
World Bank gives $1 billion to boost trade in Bangladesh, Nepal
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.
29 June 2022, 11:42 AM
Inflation might last for two years: World Bank chief
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.
27 June 2022, 11:59 AM
World Bank says Padma Bridge to boost Bangladesh's economic growth
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.
25 June 2022, 10:50 AM
“I’m Bangabandhu’s daughter; I’ll fulfil what I commit to InshAllah”
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.”
22 June 2022, 07:21 AM
“Yunus got highest opportunities from AL govt but betrayed Bangladesh”
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.
16 June 2022, 07:50 AM
Govt to invite Yunus, Khaleda, WB president to Padma Bridge inauguration
The government will invite Dr Muhammad Yunus, BNP chairperson Khaleda Zia and World Bank president to the Padma Bridge inauguration ceremony on June 25.
12 June 2022, 12:36 PM
Building Padma Bridge with own funds brightened Bangladesh’s image: PM
Prime Minister Sheikh Hasina today said her government’s move to self-finance Padma Bridge has brightened Bangladesh’s image globally.
30 May 2022, 09:10 AM
Padma Bridge: Mashiur recalls "corruption scandal", breaks down in tears
Prime Minister's Economic Affairs Adviser Mashiur Rahman broke down in tears while recalling the alleged 2012 Padma Bridge corruption scandal.
29 May 2022, 06:56 AM
PM’s remarks: The Daily Star editor explains
Yesterday, Wednesday, 18th May, during her speech marking her homecoming from exile, Prime Minister Sheikh Hasina made a reference to me.
19 May 2022, 12:47 PM
India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily
India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.
25 April 2022, 05:36 AM
IMF says talks on Sri Lanka's loan request 'fruitful'; World Bank preparing aid package
The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
24 April 2022, 08:24 AM
IMF cuts Bangladesh's GDP growth forecasts to 6.4%
The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain disruptions.
19 April 2022, 18:00 PM
7.5% GDP growth target set for fiscal 2023
The government has set an ambitious economic growth target of 7.5 per cent for the next fiscal year although the country faces new headwinds owing to higher prices of commodities globally and is still recovering from the shocks of the coronavirus pandemic.
17 April 2022, 18:00 PM
World Bank approves $358m for safer roads in Bangladesh
World Bank today approved $358 million to help Bangladesh improve road safety, and reduce fatalities and injuries from road accidents in selected high-risk highways and district roads.
29 March 2022, 06:27 AM
Kamal seeks easy loans from IFC to develop private sector
Finance Minister AHM Mustafa Kamal has urged the International Finance Corporation (IFC) to extend easy loans for the development of the private sector in Bangladesh.
18 October 2021, 14:51 PM
World Bank grants $350m for Rohingyas, host communities in Bangladesh
World Bank has approved $350 million in grant financing for three projects to help Bangladesh address needs of the host communities and the displaced Rohingyas in Cox’s Bazar district for their health services, response to gender-based violence, social protection, basic services and infrastructure.
1 April 2020, 06:37 AM