Sunday | 6 October 2024 | Reg No- 06
বাংলা
   
Sunday | 6 October 2024 | Epaper
BREAKING: ● 3 killed in Keraniganj restaurant gas cylinder blast       ● Five die of dengue in 24hrs      ● BNP demands steps against ABM Khairul Huque at dialogue with CA      ● 3 die in Sherpur flood; 60,000 stranded      ● Ex-president Badruddoza Chowdhury passes away      ● Killing during students' movement: 9 bodies to be exhumed in Sylhet      ● Malaysian prime minister leaves Dhaka for home      

WB to provide $3.5b to support Bangladesh's reform initiatives

Published : Thursday, 26 September, 2024 at 9:45 AM  Count : 414
Observer Online Desk

President of the World Bank, Ajay Banga, has said the bank would provide 3.5 billion US dollars to Bangladesh to support the Interim Government's reform initiatives, including reforms in the financial sector.

The World Bank President announced the support during a meeting with Bangladesh Chief Adviser Prof Muhammad Yunus on the sideline of the UN General Assembly at the UN Headquarters on Wednesday afternoon (NY time).

Banga, a long time friend of Prof Yunus, said at least two billion US dollars would be fresh lending and another 1.5 billion dollars would be repurposed from the existing programmes, reports UNB.

World Bank would support reforms in digitisation, liquidity, energy and power and transport, said Chief Adviser's Press Secretary Shafiqul Alam quoting the World Bank President.

During the meeting, Professor Yunus sought the World Bank support for the wide-range reforms the Interim Government had undertaken.

He asked the World Bank to be creative about its lending programme.

"It is a big opportunity to rebuild the country," Prof Yunus said.

The World Bank President discussed the energy sector cooperation in South Asia and how hydroenergy produced in Nepal and Bhutan could be shared by neighbours such as India and Bangladesh.

Energy and Power Adviser Fouzul Kabir Khan was also present in the meeting.

TF
Related topic   Subject:  Yunus   New York   CA   WB  


LATEST NEWS
MOST READ
Also read
Next election after 6 reform commissions' reports in three months
3 killed in Keraniganj restaurant gas cylinder blast
214 Bangladeshi nationals detained in Malaysia
Politicians, security officers flee county on Aug 5-7: Jahangir
Jamaat will unveil its reforms, election roadmap Oct 9: Ameer
Drs Saifullah, Golam Rasul elected president, general secy of BASEA
Ex-secretary Jahangir Alam sent to jail after remand
Sultan Mohammad Mansur sent to jail
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝