World Bank to help Bangladesh diversify exports and create 90,000 new jobs

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AP photo

 

By

Sheuli Akter

The World Bank has approved $100 million financing to help Bangladesh diversify exports in labor and skill intensive industries beyond the garment sector and create more and better jobs.

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United States 2018 Budget and Caribbean Security

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AFP photo

 

By

Ricardo Swire

On Tuesday May 23, 2017 the United States of America’s 2018 Budget slashed US$667 million from grant programs for counter-terrorism funding provided to state and local agencies, the US Financial Plan reducing money allocated to development banks such as the World Bank.

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World Bank’s projects to enhance Bangladeshi financial institutions

Reuters photo

 

By

Sheuli Akter

Due to limited capacity and market constraints, Bangladesh’s local financial institutions traditionally could not meet the longer-term financing demand for infrastructure investments in the country.

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World Bank joins Bangladesh to empower poor mothers and improve child nutrition

UN photo

 

By

Sheuli Akter

The government of Bangladesh and the World Bank have launched a cash benefits program for 600,000 of the country’s poorest mothers and pregnant women in exchange for their participation in activities to improve their children’s nutrition and cognitive development.

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Bangladesh receives $360 million World Bank financing to improve waterway connectivity

Erik Nora

 

By

Sheuli Akter

To help the poor population living in remote areas, Bangladesh has launched a project to construct 14 landing stations in shoals, where often waterways are the only mode of transportation.

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World Bank Pledges $2 Billion to Bangladesh for Climate Smart Growth

Conor Ashleigh

 

By

Sheuli Akter

World Bank Group President Jim Yong Kim, concluding a two-day trip to Bangladesh, has focused on the country’s successes in reducing extreme poverty, pledging $2 billion over the next three years in new funding to help the country become less vulnerable to climate change.

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World Bank to Increase Support to End Stunting in Bangladesh

Don McPhee

 

By

Sheuli Akter

 

President Kim announces financing to help increase commitments up to $1 billion

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