Bangladesh could attract significant investments and create millions of jobs by implementing essential reforms across four sectors, according to a World Bank Group report released today at the Bangladesh Investment Summit 2025...
United International University hosted a distinguished delegation from The World Bank on Wednesday...
THE good old tale of the shortage of edible oil repeats, with Ramadan, the month of fasting for the Muslims, likely to begin at February鈥檚 end. While packed or bottled soya bean oil is reported to have been in short supply, it has started selling for prices higher than the official rate. The situation has pushed up prices of packed, including bottled, and unpacked soya bean...
World Bank vice-president Martin Raiser on Tuesday reiterated the global lender鈥檚 pledge to support the reform agendas of Bangladesh鈥檚 interim government.
Visiting World Bank vice-president Martin Raiser on Sunday said that the imposition of any new tax measure or tax expenditure should be made through the national budget...
Country鈥檚 eminent figure and former lead economist of the World Bank Dhaka office, Zahid Hussain has urged the authorities concerned to take steps for preventing foul plays in the capital market to restore confidence of the general investors...
THE recent decision to provide dearness allowance for government employees has sparked debates among economists, politicians and policymakers. Many arguments seem disconnected from reality and fail to consider the broader socio-economic context. Critics have presented views that do not always align with the financial struggles faced by most government employees...
Bank Asia PLC will receive $35 million from International Finance Corporation, a private sector arm of the World Bank Group, said a press release...
A World Bank project kicking off in July plans to introduce a system in some big industrial entities to continuously monitor their emissions...
Zahid Hussain, a prominent figure and former lead economist at the World Bank鈥檚 Dhaka office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 per cent in the next fiscal year (FY26) if the country does...
World Bank managing director Anna Bjerde on Thursday reiterated the global lender鈥檚 support to the interim government for rebuilding of Bangladesh.
The World Bank has intended to evaluate the asset quality of four state-owned banks in Bangladesh, with a particular focus on the scam-hit Janata Bank, using international audit firms.
Developing economies, which fuel 60 per cent of聽global growth, are projected to finish the first quarter of the 21st century聽with the weakest long-term growth outlook since 2000, according to the...
THIS is unfortunate that the proposed National Small and Medium Enterprise Policy 2025 offers almost no new strategies to facilitate the growth of the sector. The proposal appears to echo the strategies of the 2019 policy that failed to help the sector grow. Such a repetition of failed strategies reflects, as experts say, the government鈥檚 lack of commitment to...
A LOW intake of animal protein by the large majority of people because of serious erosion in their purchasing power consequent on persistent high inflation is worrying. High inflation, which has remained more than 10 per cent for months, has pushed many people below the poverty threshold while the number of extreme poor has increased. Inflation...
World Bank country director in Bangladesh Abdoulaye Seck made a farewell call on chief adviser Professor Muhammad Yunus at the State Guest House Jamuna on Monday.
The finance ministry on Sunday said that it expected聽$1.1 billion in loan support from the World Bank and the Asian Development Bank would be disbursed in the current month.
Bangladesh and the World Bank signed two financing agreements totaling US$900 million on Sunday to help the country achieve environment sustainability, climate resiliency, including in urban infrastructure and inclusive growth.
World Bank鈥檚 Board of Executive Directors has approved three projects worth $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development...
The World Bank on Friday approved $1.1 billion in loans to help Bangladesh under its three programmes.
The planning and education adviser Wahiduddin Mahmud on Saturday expressed hope that Bangladesh would see an elected government next year.
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world鈥檚 poorest nations, which it can leverage to generate a record $100 billion in total spending power.聽
The disbursement of foreign loans in the first four month of the current financial year dropped by 26 per cent due mainly to the regime change in the country, economists said...
The Asian Development Bank and the World Bank will provide $600 million and $500 million in loan assistance respectively by December 2024, said finance secretary Md Khairuzzaman Mozumder on Tuesday...
A delegation from Bangladesh University Grants Commission and World Bank visited the Shahid Sergeant Zahurul Huq Hall and Bangladesh-Kuwait Maitree Hall of Dhaka University on Wednesday...
THE 16th BRICS summit in Kazan, Russia, felt like a deliberate contrast to the annual IMF and World Bank meetings taking place in Washington. The timing couldn鈥檛 have been more telling. The optics of this contrast were hard to miss, giving off the impression of a bloc standing firmly apart from the US-dominated global order. While the West may see Kazan...
Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to oversupply and to flat demand from China...
I HAVE witnessed first-hand the devastating impact of environmental hazards on health and society. Yet, a few hazards pose as insidious a threat as lead poisoning, an issue that has lingered in the shadows of public health discourse for far too long despite its devastating consequences. Bangladesh ranks in the fourth position globally in terms of lead...
The World Bank will unveil plans to tackle job creation, gender disparities, and food security at next week鈥檚 gathering of the world鈥檚 finance ministers and central bankers in...
High inflation and reduced employment have worsened family welfare, with industry and service sector workers hit hardest, the World Bank said in its latest Bangladesh Development Update...