Country no more聽dependent on IMF, WB: adviser
Finance adviser Salehuddin Ahmed on Tuesday said that the country was no more dependent on the International Monetary Fund and the World Bank.
Tags : World Bank
Bangladesh sings $850 million loan deals with WB
Bangladesh has signed two loan deals worth $850 million with the World Bank to develop the Bay Terminal, a major marine terminal in Chattogram, and modernise the national social protection system...
Election timing discord may hit investment in Bangladesh: WB
The timing of elections is expected to weigh heavily on investment growth, said a World Bank report.
WB, IMF lower Bangladesh GDP growth below 4pc for FY25聽聽聽聽
Both the World Bank and the International Monetary Fund have lowered their projections regarding the growth of Bangladesh鈥檚 gross domestic product for the outgoing financial year (2024-25) below 4 per cent....
WB suggests reforms in four sectors
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...
WB delegates visit innovation hub at UIU
United International University hosted a distinguished delegation from The World Bank on Wednesday...
Time for govt to work as tale of edible oil shortage repeats
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 renews support for reforms in Bangladesh
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.
WB prefers new tax measure only thru budget
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...
Zahid for taking steps to prevent foul plays in capital market
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...
Dearness allowance: root of inequality?
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, IFC sign deal on MSME dev
Bank Asia PLC will receive $35 million from International Finance Corporation, a private sector arm of the World Bank Group, said a press release...
Industries to be brought under emission monitoring
A World Bank project kicking off in July plans to introduce a system in some big industrial entities to continuously monitor their emissions...
Inflation can be reduced to 6-7pc in next fiscal, says economist Zahid
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 reiterates support for Bangladesh interim govt
World Bank managing director Anna Bjerde on Thursday reiterated the global lender鈥檚 support to the interim government for rebuilding of Bangladesh.
WB calls for forensic audit of 4 state banks in Bangladesh, FID reluctant
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鈥� growth to be slow: WB report
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...
New SME policy with no new strategies deplorable
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...
Compromised diet likely to make lasting, adverse effect
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 calls on Bangladesh interim govt chief
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.
Govt expects $1.1 billion from WB, ADB in Dec
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 receives $900m from WB to improve environment sustainability
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.
WB approves three projects worth $1.16 billion for Bangladesh
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...
WB okays $1.1b loan for Bangladesh聽聽
The World Bank on Friday approved $1.1 billion in loans to help Bangladesh under its three programmes.
Wahiduddin believes Bangladesh to get political govt next year
The planning and education adviser Wahiduddin Mahmud on Saturday expressed hope that Bangladesh would see an elected government next year.
WB announces record $100b support for poorest countries
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
Foreign loan drops by 26pc in July-Oct
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...
Bangladesh to receive $1.1 billion from AD, WB by December
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...
UGC, WB delegation visits 2 DU halls
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...
How BRICS redefines global cooperation
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...