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Bangladesh secures $1.1 billion in World Bank deals for growth

The largest of these International Development Association (IDA) programs in Bangladesh, with a total commitment of $16.46 billion across various projects, aims to foster inclusive growth and sustainable development. The collaboration was formalized today by Bangladesh’s Economic Relations Division led by Sharifa Khan and the World Bank represented by Abdoulaye Seck.

The funding is distributed across several critical areas:

These strategic projects are part of the World Bank’s ongoing support to Bangladesh, which has surpassed $40 billion since the country gained independence. The initiatives represent a comprehensive approach to addressing some of the most pressing challenges faced by Bangladesh as it works towards achieving its long-term development goals.

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Source: Economy - investing.com

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