The World Bank (WB) has urged Bangladesh to quickly implement the conditions to receive an additional $250 million as budget support under the Bangladesh Second Recovery and Resilience Development Policy Credit. Under this loan agreement, the organisation gave $250 million in budget support to Bangladesh in March last year. At that time, the WB imposed 12 conditions on the
Bangladesh's request for additional budget support of $1 billion from the World Bank is unlikely to come through this fiscal year, dashing the government's hope of meeting a portion of the budget deficit with cost-effective funding.