World Bank

World Bank President in Dhaka

MNA Business Desk: The World Bank Group President Jim Yong Kim arrived here on Saturday afternoon to accompany United Nations Secretary General Antonio Guterres to visit Rohingya camps.

Kim along with the United Nations chief will assess the severity of the crisis and discuss what more can be done.

The World Bank President will begin his official visit on Sunday, reported news agency.

The World Bank earlier announced close to half-a-billion dollars in grant-based support to help Bangladesh address the needs of Rohingya refugees in areas such as health, education, water and sanitation, disaster risk management, and social protection.

Reflecting the increasingly protracted nature of the Rohingya crisis, the World Bank Board of Directors approved a $50 million additional grant to an existing Health Sector Support Project in Bangladesh that is the first in a series that could total as much as $480 million.

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