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Thursday, May 30, 2024

World Bank to provide $250m to Bangladesh

Desk Report

The World Bank is going to provide 250m USD to Bangladesh. The organization has signed a financing agreement in this regard on Thursday.
A press release issued from World Bank said that the money will help Bangladesh to create more and better jobs, recover faster from the COVID 19 pandemic and build resilience to the future crises.
The agreement was signed by Economic Relations Division (ERD) Secretary Fatima Yasmin and World Bank Country Director for Bangladesh Mercy Tembon on behalf of the government and the World Bank respectively.
“The COVID-19 pandemic has had a disproportionate impact on the poor and vulnerable population,” said Mercy Tembon, World Bank Country Director for Bangladesh and Bhutan.

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