¶¶Òõ¾«Æ·

Skip to main content

Tags : World Bank


img

DU holds meeting with UGC, WB for dev projects

The Dhaka University held a meeting with the University Grants Commission of Bangladesh and World Bank about issues, including the implementation of different development projects at the DU with the financial assistance from the WB at DU vice-chancellor’s meeting room on Sunday...

img

Beyond LDC hype: is Bangladesh ready for challenges?

THE World Bank measures per capita national income using the Atlas method. The total national income (GNI) of a country in local currency is converted into US dollars. In this case, the average exchange rate for three years is adjusted, accounting for inflation and fluctuations in the exchange rate. There is often a difference...

img

Sri Lanka secures $200m World Bank loan

Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery, the first foreign funding since leftist president Anura Kumara Dissanayake won elections.

img

Roadmap for recovery of laundered money a must

IT IS promising that the government has reconstituted an inter-agency task force meant to bring back money that has been illegally taken abroad. In January 2023, the taskforce was formed by the deposed Awami League government but remained ineffective in repatriating stolen funds. In what follows, the reconstitution of the taskforce is a right step forward...

img

WB, IFC to give loans under conditions: finance adviser

Finance adviser Salehuddin Ahmed on Sunday said that the World Bank and its private sector investment wing International Finance Corporation would provide loans under certain conditions to help the interim government carry out reforms in the financial sector...

img

BSEC moves to upgrade market surveillance system

The Bangladesh Securities and Exchange Commission on Sunday said that it would upgrade its the surveillance system for a better monitoring of the market and the commission sought support from the World Bank to improve the system...

img

BBS should in no way tweak data for cosmetic face of economy

THE Bureau of Statistics has come to be criticised and its calculation of nationally, and internationally, important figures questioned for years during the 15 years of the authoritarian regime of the Awami League, overthrown on August 5 through a student-mass uprising, for the manipulation of data that has been nothing short of deceit...

img

WB to lend $2.3 billion in FY25

The World Bank on Thursday said that it could lend around $2.3 billion to Bangladesh to help the country to carry out critical reforms for improving governance, transparency and accountability.

img

WB, ADB to lend $2.5b

The World Bank and the Asian Development Bank on Sunday pledged a combined loan of $2.5 billion to Bangladesh to support reforms in the country’s banking and...

img

Demographic transition and its global impact

IN THE 21st century, demographic transition, not an esoteric fact any more, has become a critical issue for policymakers and economists worldwide. The process affects every aspect of society, from the labour market and economic growth to healthcare systems and social security to the extent that supranational organisations such as the World Bank...

img

Containing food inflation must be high on agenda

A SLIGHT decrease in prices, largely because of an improved supply and a halt in extortion on highways and at markets, comes as a relief amidst the food inflation that has pushed the poor and low-income people into a tight spot. Prices of vegetables decreased by Tk 10–20 a kilogram in the capital on August 9 while prices of chicken and eggs also decreased...

img

Int’l financial institutions’ culpability

THE International Monetary Fund, World Bank and Asian Development Bank are complicit in the gross human rights violations and death of democracy in Bangladesh. They continued to supply financial blood line to the regime, well-documented for its corruptions, human rights violations — such as forced disappearances and tortures...

img

Rising food insecurity shows hollowness of development

The World Bank food security update that has put Bangladesh in the red zone for a year until May 2024 suggests the worsening food insecurity in Bangladesh. The update says that persistent high food inflation has pushed the large majority of low- and fixed-income people into food insecurity. Bangladesh is placed in the red zone with 18 other countries...

img

Adequate policy attention on social protection system must

INADEQUATE budgetary allocation for social protection that a recent World Bank research has reported indicates the government’s exclusionary development policy. The report says that the social protection expenditure in Bangladesh is the lowest in South Asia. Bangladesh spends 2 per cent of its gross domestic product...

m