Bangladesh

UN agency welcomes $66 million for agriculture and fishing projects in Saudi Arabia

17 May 2012 – The United Nations Food and Agricultural Organization (FAO) today welcomed Saudi Arabia’s contribution of $66 million to implement its technical assistance projects in the country, which aim to benefit small-scale agricultural producers and fishermen.

Advancing Food Security in a Changing Climate

March 15, 2011 – In November 2007, powerful Cyclone Sidr claimed the lives of thousands of people in Bangladesh and wiped out a lot of the country's rice crop. A year later, Bangladesh became the first country to put together a multibillion dollar strategy on climate change, including a plan to boost agricultural production and food security in anticipation of more adverse weather.

“If one country is aware and taking action, it's Bangladesh,” says Maria Sarraf, a senior environmental economist for the World Bank's South Asia region. “While other countries are projecting climate change, Bangladesh has already suffered from it.”

World Bank Supports Economic Growth and Job Creation through Private Sector Development in Bangladesh

WASHINGTON, March 1, 2011  In order to sustain high economic growth and generate opportunities for employment, the World Bank today approved a US$120 million concessional IDA credit to Bangladesh for the Bangladesh Private Sector Development Support Project. The project will facilitate investment in growth centers in the emerging manufacturing and services sectors of the economy with the aim of generating employment.

 

IMF Executive Board Concludes 2010 Article IV Consultation with Guyana

On February 16, 2011, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guyana.1

Background

Food security efforts in Bangladesh to receive UN support for another year

30 December 2010 – The United Nations World Food Programme (WFP) has decided to extend its country programme in Bangladesh until the end of 2011 to provide support to 2.1 million hungry, vulnerable and malnourished people in the South Asian nation.

Grants Help Three Countries Battle Climate Change

November 11, 2010—Three countries highly vulnerable to climate change—Bangladesh, Tajikistan and Niger—will each receive $50 million in grants to pilot climate resilience strategies and integrate climate risk into their economic plans, a multinational committee decided yesterday.

IFAD provides additional US$ 10 million to boost sustainable water management in Bangladesh

Rome, 18 October 2010 – A US$ 10 million supplementary loan from the International Fund for Agricultural Development (IFAD) to the People’s Republic of Bangladesh will improve rural livelihoods through investments in sustainable management of water resources, including flood management, drainage improvement and water conservation.

The loan agreement for the participatory Small-scale Water Resources Sector Project was signed today in Rome by Masud Bin Momem, Ambassador of the People’s Republic of Bangladesh, and Kanayo F. Nwanze, President of IFAD.

Bangladesh

Fiche Year: 
2011

Statement at the Conclusion of a Staff Visit to Bangladesh

Press Release No. 10/330

September 7, 2010 -- An International Monetary Fund (IMF) mission from Washington, D.C. visited Dhaka September 5-7, 2010 to discuss possible interest of the Government of Bangladesh in a Fund-supported program to assist the Government in achieving its growth and poverty reduction objectives. The mission, headed by Mr. Anoop Singh, Director of the IMF’s Asia and Pacific Department, and accompanied by Mr. David Cowen, IMF mission chief for Bangladesh and Ms. Eteri Kvintradze, IMF Resident Representative in Bangladesh, met with the Honorable Prime Minister Sheikh Hasina, Minister of Finance Abul Maal Abdul Muhith, Economic Advisor to the Prime Minister Mashiur Rahman, Bangladesh Bank Governor Atiur Rahman, and other senior officials.

World Bank Supports Improvement in Infrastructure and Service Delivery and Rural Livelihoods in Bangladesh

Press Release No:2010/498/SAR

WASHINGTON, June 23, 2010 — The World Bank today approved three projects worth US$327 million: the Chittagong Water Supply Improvement and Sanitation Project, second phase of Empowerment and Livelihood Improvement “Nuton Jibon” Project, and the additional financing for the Municipal Services Project. These projects are aimed at empowering the poor, improving service delivery and enhancing development outcomes in Bangladesh. With the approval of these projects, the World Bank’s total concessionary lending to Bangladesh reaches to US$830 million in FY 10.

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