WB to provide $3b this fiscal for reforms

The World Bank has pledged $3 billion to support Bangladesh’s reform agenda, including $2 billion in fresh loans and $1 billion repurposed from existing programs. The commitment was made during a meeting between a WB mission and Muhammad Yunus, chief adviser to the interim government. Yunus emphasized the need for reforms and recovery of siphoned funds. The WB agreed to provide technical support and assist with various reforms, including financial sector improvements and data transparency.READ FULL