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Pic: Shutterstock The World Bank and the government of Bangladesh have signed a $250 million financing to help the country create more and better jobs, recover faster from the COVID-19 pandemic and build resilience to future crises. With this programme, total World Bank financing under the Programmatic Jobs Development Policy Credit series stands at $750 million.
The Third Programmatic Jobs Development Policy the last in a series of three credits focuses on key reforms to create quality and inclusive jobs, while supporting the government’s response to the COVID-19 crisis. It supports policies to modernise the trade and investment regime; improve social protection for workers; and help youth, women, and vulnerable people access quality jobs, said the World Bank in a press release.
Date Time
World Bank Helps Bangladesh Create Better Jobs And Ensure Resilient Recovery from COVID-19 Pandemic
DHAKA, April 22, 2021 -The World Bank and the government of Bangladesh today signed a $250 million financing to help Bangladesh create more and better jobs; recover faster from the COVID 19 pandemic; and build resilience to future crises.
The Third Programmatic Jobs Development Policy-the last in a series of three credits-focuses on key reforms to create quality and inclusive jobs, while supporting the government’s response to the COVID-19 crisis. It supports policies to modernize the trade and investment regime; improve social protection for workers; and help youth, women, and vulnerable people access quality jobs.
World Bank helps Bangladesh create more jobs and faster recovery from COVID 19 devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
World Bank, govt sign $250m deal to help create jobs amid Covid-19 crisis
Representational illustration. Star Digital Report Star Digital Report
The World Bank and the Government of Bangladesh today signed a $250 million financing agreement to help create more and better jobs; recover faster from the Covid-19 pandemic and build resilience to future crisis.
The agreement was signed by Fatima Yasmin, secretary, Economic Relations Division and Mercy Tembon, World Bank s country director for Bangladesh and Bhutan, a World Bank statement said today.
With this program, total World Bank financing under the Programmatic Jobs Development Policy Credit series stands at $750 million. The credit is from the World Bank s International Development Association (IDA), which provides concessional financing and has a 30-year term including a five-year grace period, the statement said.