The World Bank has announced an initial $12 billion in immediate funds to assist countries grappling with the health and economic impacts of the coronavirus outbreak that has spread quickly from China to some 80 countries.

To meet the needs of its growing economy and boost export growth, Bangladesh needs to improve its transport and logistics systems, the World Bank said in a latest report today.

The World Bank releases a study on Bangladesh’s poverty eradication situation saying some eight million people came out of the poverty cycle from 2010 to 2016 while Finance Minister AHM Mustafa Kamal expects it to be reduced significantly in next three years.

Around eight million people in Bangladesh have come out of poverty between 2010 and 2016, according to the latest poverty assessment report of World Bank.

The World Bank has approved a loan of $100 million to increase access to improved water supply and sanitation system in 30 municipalities in Bangladesh as well as to help build their capacity for delivering water and sanitation services.

The government has signed a $100.5 million financing agreement with the World Bank to improve the condition of living of four large neighborhoods in Dhaka city, benefitting about a million residents.

The Bangladesh government signs a $165 million grant financing agreement with the World Bank (WB) to provide basic services and build disaster and social resilience for the Rohingya who are fleeing violence in Myanmar.

As droughts and floods cut crop harvests and storms tear up buildings and power lines, countries vulnerable to climate change - from Bangladesh to Kenya and Guatemala - have proposed new ways to access cheaper financing to tackle the risks.

Bangladesh needs to come up with reforms at the earliest to sustain the growth momentum which has landed it among the five fastest growing economies in the world, the World Bank said yesterday.

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.

World Bank Group President Jim Yong Kim unexpectedly resigned on Monday, more than three years before his term ends in 2022, amid differences with the Trump administration over climate change and the need for more development resources.

The World Bank (WB) has approved USD 500 million to improve livestock and dairy production in Bangladesh so that the country can meet growing demand for egg, meat and milk to improve the nutritional intake of its citizens.

A recent World Bank report—an environmental analysis of Bangladesh—should erase any remaining doubts about the critical level that environmental pollution has reached in the country.

Some 18,000 deaths from environmental pollution occurred in 2015 in Dhaka, the second least livable city in the world, a World Bank report says.

The World Bank has announced $480 million grant-based support to help Bangladesh address the needs of Rohingya refugees in health, education, water and sanitation, disaster risk management, and social protection.

The government of Bangladesh signs two financing agreements totaling $715 million with the World Bank to improve the primary education sector, and to help the country produce timely and quality statistics.

The government signs a $55 million financing agreement with the World Bank to expand renewable energy uses in rural areas.

The deteriorating health of banking sector has become a major concern for the economy, the World Bank said yesterday.

The World Bank has offered financial assistance to Bangladesh to help Rohingya refugees and their host community in Cox's Bazar where the extreme poverty rate is more than 40 percent.

At a time when Bangladesh is hosting over a million Rohingya refugees as a show of compassion, the World Bank is offering the