Bangladesh receives $1.16 bn World Bank financing for inclusive development

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Bangladesh receives $1.16 bn World Bank financing for inclusive development - Business Standard

Quick Summary:

In recent years, Bangladesh has been among the largest recipients of the World Bank's interest-free credits.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.

The financing supports policy reforms to improve public planning and financing and implementation for green and climate-resilient interventions at local and national levels and promote clean and resource-efficient production and services in key sectors.

Since then, the World Bank has committed more than $ 45 billion in International Development Association (IDA) financing in the form of grants, interest-free loans, and concessional credits to help the country address its development priorities.