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World Bank

Drug trade in Dhaka central jail

Prisoners of Dhaka central jail are enjoying many facilities illegally. Some people are joking that prisoners get everything except their wife. Prisoners can use mobile phone and they are continuing their activities outside by mobile phone. The alarming thing is drug trade has boomed in recent months as it’s a profitable business there. Drug price […]

Yunus reluctant to be WB chief

Nobel Laureate Prof Muhammad Yunus has pronounced he is not meddlesome in receiving a helm of a World Bank, as he wants to work during his reason up to amicable business. In a have a difference released yesterday, he, however, thanked Prime Minister Sheikh Hasina for proposing his name for a WB presidency. He described […]

Bangladesh gets $172m from WB for solar power

Bangladesh yesterday struck a $172 million financing deal with the World Bank, which will enable the country to install 630,000 solar home systems in rural areas by 2012. Arastoo Khan, additional secretary of Economic Relations Division, and Ellen Goldstein, World Bank country director for Bangladesh, inked the agreement in Dhaka. The agreement is part of […]

Padma Bridge deadlock will be over soon: Muhith

Reassuring that the ongoing stalemate over the World Bank funding for the Padma Multipurpose Bridge Project will be over soon, Finance Minister AMA Muhith has said the government is close to a decision in this regard. “I think it’ll be resolved ….I always said this is temporary, nothing else,” Muhith told reporters at his secretariat office. Earlier, […]

Padma Bridge in a quagmire

The building a whole of Padma overpass will face enlarged check if a World Bank does not accept a government’s suggest to proceed a work before long though involving a firms indicted of corruption. Prime Minister Sheikh Hasina as great as Finance Minister AMA Muhith done a suggest during meetings with WB Vice-President Isabel M […]

Padma Bridge work awaits WB nod

The work of Padma Multipurpose Bridge is removing late as a lead banker World Bank has nonetheless to give a curtsy upon dual pass components of a devise — a categorical overpass building a whole as good as stream training. For WB approval, analysis inform upon stream precision devise was sent in Dec 2010 whilst […]

Bangladesh to horde Tiger Summit in 2012

Dhaka is starting to horde Tiger Summit in 2012 with a perspective to safeguarding a involved class a vital shred of which have their rsther than secure stamping-ground in Bangladesh’s mangrove forests. The World Bank President is approaching to attend a sourroundings minister-level limit encounter of a ‘tiger-range’ countries. The limit is approaching to be […]

$40m WB loan for Libya returnees

The supervision upon Monday sealed a $40 million loan agreement with a World Bank to assistance lessen evident needs as good as revive livelihoods of displaced person workers who have returned home from war-torn Libya, says a press release. Under a understanding styled as ‘Repatriation as good as Livelihood Restoration for Migrant Workers Project’, a […]

WB Predicts GDP Growth Of Bangladesh

World Bank (WB) has projected that  Domestic approach as great as Export expansion have been a dual forces that will expostulate a GDP expansion rate of Bangladesh to 6.2% in a stream mercantile of 2010-11. If a organisation manages short-term risk,  WB thinks that a manage to buy competence be stretched with 6.4% GDP growth  […]

World Bank okays $1.2b for Padma bridge

The World Bank has accustomed $1.2 billion concessional acclaim for the Padma Multipurpose Arch Project. The much-expected approval was accustomed at a lath affair of the bank, captivated Thursday at its address in Washington DC, and says a WB columnist release. The project, with an estimated amount of $2.9 billion, is accepted to alleviate the […]