by Jahangir Shah inProthom Alo, December 20, 2023China has become the fourth largest source of foreign loans in Bangladesh thanks to the latter’s growing interest. Japan, the World Bank, and the Asian Development Bank (ADB) now precede China in terms of loan disbursements. Currently, Bangladesh sources nearly 10 per cent of its total annual borrowings from China, with at least $1 billion disbursed annually over the last two years. Bangladesh has registered a surge in…
Posts tagged as “world Bank”
By Bibi Amina Hakimi in TOLOnews Online, Nov 02, 2023 at 3:46 PMThe World Bank in its latest monthly report called the “Afghanistan Economic Monitor,” said that half of all Afghans are living in poverty. According to the statement, from January to September 2023, total exports amounted to US$1.3 billion. “From January to September 2023, total exports amounted to US$1.3 billion, representing a slight decrease of 0.5 percent compared to the same period in 2022,…
by Khaleeq Kiani in Dawn, Sept 25th, 2023ISLAMABAD: Highlighting ‘incomplete devolution’ and institutional weaknesses as key development and governance challenges and pinning little hopes on technocratic government, the World Bank has advised Pakistan to create a ‘National Council of Ministers’ — comprising key federal and provincial representatives — to fill the vacuum for simultaneous and coordinated strengthening of poorly performing federal and provincial institutions, policies and accountability systems. “While technocratic interventions are unlikely to transform…
By Bibi Amina Hakimi in Tolo News, Feb 20, 2023 at 10:11 PMThe CASA 1000 project is reportedly facing a two-year delay due to the withdrawal of the World Bank and the United States Agency for International Development (USAID), Pakistani media reported, citing sources within the country’s economic ministry. According to the Business Recorder, a financial newspaper in Pakistan, the discussion regarding CASA-1000 project was held under the chairmanship of the Secretary of Economic Affairs…