WB report warns Bangladesh against air pollution

A World Bank report launched on Sunday recommended immediate actions, including improving public health services and response mechanisms, improving air pollution data monitoring systems to reduce air pollution impacts on health.The report 'Breathing Heavy: New Evidence on Air Pollution and Health in Bangladesh' assessed the impacts of outdoor air pollution

WB okays $250m for Bangladesh environmental management

The World Bank on Thursday approved $250 million financing to help Bangladesh strengthen its environmental management and promote private sector participation in green investment.The Bangladesh Environmental Sustainability and Transformation (BEST) Project will support the Department of Environment to strengthen its technical and administrative capacity.The project will also help improve environmental

Remittances grow 5pc in 2022 despite global headwinds: WB

Remittances to low and middle income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5 percent to $626 billion. This is sharply lower than the 10.2 percent increase in 2021, according to the latest World Bank Migration and Development Brief. Remittances are a vital source of household income

Initiative to dev logistics industry with WB guidance

To gather inputs from national and international experts for an integrated and efficient Logistics Industry Development Policy and to frame a holistic system both in terms of infrastructure and service development a workshop on "Formulation of National Logistics Industry Development Policy for Bangladesh: Experience from Global Good Practices" was organized

Bangladesh seeks low-cost loan from WB

Finance Minister AHM Mustafa Kamal on Sunday sought extensive concessional loan from the World Bank to help Bangladesh weather the economic shocks caused by Russia-Ukraine war and the Covid-19 pandemic.Kamal sought the assistance from the International Development Association (IDA), the soft-lending widow of the bank, during a meeting with the

Bangladesh can raise up to $12.5b more for climate action: WB report

Bangladesh can raise up to $12.5 billion in additional financing in the medium-term for climate action with the financing options include budget prioritization, carbon taxation, external financing and private investment. According to the World Bank Group's Country and Climate Development Report for Bangladesh released today, Bangladesh continues to face severe and

Take cover, warns IMF, because it’s going to get bad

Another day, another barrage of bleakness at the World Bank-International Monetary Fund annual meetings. Sadly, it’s not unfounded. Economists, central bankers, and government officials paint a grim picture of what’s expected in the coming year. We’re on the ground and will bring you the gory details.  Also in today’s edition: Larry

IOM unveils first 12 of 100 community clinics in Cox’s Bazar

The International Organization for Migration (IOM) has completed the first 12 of 100 community clinics under construction in Cox's Bazar, as part of a joint effort with the Government of Bangladesh and the World Bank to expand access to health care. "Since the onset of the COVID-19 pandemic, the Government of