- Night temperature may drop in parts of country
- Ready to govern Gaza: Palestine’s President
- "Current govt at risk by continuing budget of ousted Awami League"
- OpenAI, Retro Biosciences working to extend ‘human lifespan’
- Srijit Mukherji from aspiring sports journalist to filmmaker
- Pakistan launches first home-made observation satellite
- Govt reaffirms zero tolerance on shrine attacks, urges complaints
- BNP demands withdrawal of vat on over 100 products
- Met office assumes dry weather nationwide
- Marma girl's accident injury being propagated as communal murder
- Tarique seeks prayers for mother
- Cold wave set to arrive, says Meteorological Department
- How to make smacked cucumbers
- Bangladesh’s 2025-26 budget may reach 8 trillion
- Aafia Siddiqui appeals for presidential pardon before Trump's takeover
- Debapriya slams 'inconsiderate' VAT hike by interim govt
- Impeached South Korean president arrives at court to argue against his arrest
- This would be biggest trade war: Canada warns US
- Kazi Nazrul’s grandson hospitalised with burn Injuries
- BNP focuses entirely on elections
Minimal progress, excessive hype
Despite widespread calls to recover money smuggled out of the country over the years, progress has been minimal. International organizations such as the World Bank, IMF, GFI, and ADB have publicly pledged support, but tangible results remain elusive. To date, the limited progress made has mainly...
Projects are being affected as donors not disbursing funds
Foreign aid supply flow falls because of go slow policy of several Asian stakeholders. Funding disbursement from development partners have significantly decreased during a crucial moment, when Bangladesh needs dollars to increase its forex reserves. Officials informed that they see a slow pace...
Country under $43b pressure
The governments extensive foreign borrowing for large-scale projects has led to a significant financial burden. While these projects were intended to drive economic growth, the benefits have fallen short of expectations, with the financial liabilities far outweighing the returns. Notably, projects...
WB commits to continue support for key reform initiatives in Bangladesh
World BanksOutgoing Country Director to Bangladesh Abdoulaye Seck on Monday promised the World Banks support for key reform initiatives that the Bangladesh interim government has undertaken. Seck made the pledge when he paid a farewell call on Chief Adviser Professor Muhammad Yunus at the State...
Bangladesh receives $900m World Bank financing
Bangladesh and the World Bank signed two financing agreements totaling $900 million on Sunday to help the country achieve environment sustainability, and climate resiliency, including in urban infrastructure and inclusive growth. Bangladesh is one of the most vulnerable countries to climate...
World Bank approves $1.16 billion for Bangladesh’s development and climate projects
World Banks Board of Executive Directors has sanctioned three projects worth $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, reports UNB. The $500 million Second Bangladesh Green and Climate...
Bangladesh secures $1.16 billion WB financing for climate-resilient development
Bangladesh has secured $1.16 billion in World Bank financing to bolster its efforts in enhancing health services, improving water and sanitation infrastructure, and advancing green, climate-resilient development. The approval, announced by the World Banks Board of Executive Directors on Thursday...
Four barriers to export disaster
Despite the potential for growth in sectors beyond ready-made garments (RMG), many industries remain underdeveloped. Analysts cite policy challenges, funding constraints, lack of infrastructure, and the weak bargaining power of non-garment exporters as key obstacles. As a result, ready-made...
WB announces record $100 bn support for poorest countries
The World Bank announced Thursday that it has raised close to $24 billion to provide loans and grants for some of the worlds poorest nations, which it can leverage to generate a record $100 billion in total spending power. Donor countries committed $23.7 billion to replenish the banks...
Afghan economy faces ‘uncertain’ future despite modest growth: World Bank
Afghanistans economy continues to face significant challenges despite showing signs of modest growth, the World Bank warned on Wednesday, with the future uncertain. The economys challenges include fiscal constraints, trade imbalances, and a limited capacity for public investment, the bank said...
Bangladesh eyes on creating quality jobs for youths
Finance adviser Dr Salehuddin Ahmed expressed his firm determination of making quality job opportunity for the youth of Bangladesh. He said, Our ongoing strategy for Bangladesh focuses on creating quality jobs for the millions of youths entering the job market every year. He made the remarks...
Bangladesh to receive $1.1bn from ADB, WB by Dec: Finance secretary
The Asian Development Bank (ADB) and the World Bank will provide $600 million and $500 million in loan assistance respectively by December 2024, said Finance Secretary Dr Md Khairuzzaman Mozumder on Tuesday. He made the disclosure during a press conference at the Ministry of Finance, organised...
Fact-checking is a must: Zahid Hussain
Dr Zahid Hussain said that general people and businessperson are getting panic-stricken upon watching some news and thats why fact-checking has become more important. Dr Zahid Hussain, former lead economist of the World Banks Dhaka office, made these remarks on Tuesday while talking to the...
WB to explore scopes for supporting climate goals, sustainable development
The World Bank (WB) and the environment ministry have agreed to explore project areas and strategic interventions for bolstering Bangladeshi initiatives on climate adaptation, sustainable development, and biodiversity conservation. The decision was taken at a meeting between environment and...
U.S. and World Bank to aid Bangladesh's private sector: Governor
The United States State Department has expressed interest in understanding the trajectory of public-private partnerships in Bangladeshs economic development and the ongoing recovery process. The U.S. government is poised to offer policy support to bolster this sector, while the World Bank has...
Bangladesh suggested waiting more to get GSP facility
The World Bank is donating 25 million dollars (about three thousand crores) to Bangladesh so that they can cover the damage caused by the recent floods. Financial adviser Dr. Salehuddin Ahmed said this to reporters after meeting with vice president of the organization Martin Riser on the...