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Govt seeks $500m WB fund to implement budget
Star Business Report
Star Business Report
Finance Minister AHM Mustafa Kamal has sought $500 million in loans from the World Bank to help Bangladesh implement its budget.
The assistance will be used to educate female students with science and ICT knowledge and in educational projects for their stipend as part of efforts to increase women s participation in the workforce, he said.
It will also be used in the government s efforts to recover from the fallouts of the ongoing Covid-19 pandemic, the minister added.
He made the call in a virtual meeting yesterday with the officials of the global lender, who joined the event from Washington, the finance ministry said in a press statement yesterday. The World Bank has assured the minister of taking the issue into consideration positively, according to the statement.
Finance Minister AHM Mustafa Kamal has sought $500 million in loans from the World Bank to help the south Asian nation implement its budget. The assistance will be used to educate female students with science and ICT knowledge and in educational projects for their stipend as part of efforts to increase women's participation in the workforce, he said. It will also be used in