Tag Archives: WB

UN, UNHCR, WB chiefs in Cox’s Bazar


MNA Exclusive Desk: United Nations secretary general Antonio Guterres and World Bank Group president Jim Yong Kim arrived in Cox’s Bazar on Monday morning to visit Rohingya refugees, reported news agency. Foreign minister AH Mahmood Ali and United Nations High Commissioner for Refugees Filippo Grandi, among others, are accompanying the UN chief. They arrived here at Cox’s Bazar airport by a special flight of Biman Bangladesh Airlines at 8:45am. The visit, an official said, will also highlight the “generosity” of Bangladesh in hosting the Rohingyas as well as the need for the international community “to do more.” They are scheduled ...

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WB may provide $400 million for Rohingyas


MNA Business Desk: The World Bank (WB) is likely to provide a grant of US$ 400 million for the rehabilitation of Rohingya refugees within next two years, reported news agency. The Washington-based international financial institution has backtracked from its earlier stance on providing the loan for the Rohingyas as the Government of Bangladesh raised its reservations about the credit, they said. “The WB has formally agreed to provide the grant for the Rohingyas,” said Kazi Shofiqul Azam, Secretary of the Economic Relations Division (ERD). They have recently completed a mission to explore the potential of support, he told the FE. ...

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WB inks $55m deal to monitor dev projects

secondary education

MNA Business Desk: Government on Tuesday signed a $55 million loan agreement with the World Bank (WB) to monitor the country’s annual dev projects, reported news agency. The Digitizing Implementation Monitoring and Public Procurement Project (DIMAPPP) will help Bangladesh expand electronic government procurement (e-GP) to all public sector organizations as well as improve capacity to monitor implementation of development projects and programs using digital technology. The agreement was signed by Economic Relations Division (ERD) Secretary Kazi Shofiqul Azam and World Bank Country Director Qimiao Fan on behalf of the government of Bangladesh and the World Bank, respectively, at the ERD ...

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Canada court verdict proves no corruption: Syed Abul Hossain

Syed Abul Hossain

MNA Editorial Desk: Former Communications Minister Syed Abul Hossain on Saturday said the Canadian court verdict over Padma Bridge Corruption Case proved that the allegations brought against him were totally false and intriguing. His remarks came after a Canadian court acquitted three former top executives of SNC-Lavalin as no proof of bribery was found in an international case in connection with the Padma Multi-Purpose Bridge construction in Bangladesh. An Ontario Superior Court justice dismissed the corruption case on Friday at the prosecution’s request as Kevin Wallace, Ramesh Shah, and Zulfiquar Ali Bhuiyan had pleaded not guilty, reports CBS news. Last ...

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