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Bangladesh manufacturing sector's productivity crucial to offset Covid impacts: WB

Bangladesh manufacturing sector's productivity crucial to offset Covid impacts: WB
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646 tonnes of plastic waste produced in Dhaka every day


646 tonnes of plastic waste produced in Dhaka every day
Says WB country director; four teams awarded for innovative solutions
Staff Correspondent
Staff Correspondent
Dhaka city produces 646 tonnes of plastic waste every single day, which is 468 tonnes more than 15 years back in the capital, World Bank Country Director for Bangladesh and Bhutan Mercy Tembon said at a programme yesterday.
In Dhaka city alone, plastic waste has gone up from 178 tonnes per day in 2005 to 646 tonnes per day in 2020, she said while addressing a workshop on Sustainable Management of Plastic to Leverage Circular Economy and Achieve SDG in Bangladesh .
She also said addressing plastic pollution is a critical development agenda for ensuring green and smart growth. ....

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BD inks over $1b deal with WB for pandemic responding


BD inks over $1b deal with WB for pandemic responding
Business Desk :
The government of Bangladesh signed three financing agreements totaling $1.04 billion with the World Bank to respond to the Covid-19 pandemic and to build resilience to future crises including vaccination against Covid-19.
The agreements were signed by Economic Relations Division secretary Fatima Yasmin and World Bank Country Director for Bangladesh and Bhutan Mercy Tembon on behalf of the Government and the World Bank, respectively.
The credits are from the World Bank s International Development Association (IDA), and have a 30-year term, including a five-year grace period. The $500 million additional financing to the Covid-19 Emergency Response and Pandemic Preparedness Project will help Bangladesh vaccinate about 54 million people against Covid-19, according to a WB press release issued on Wednesday. It said that it will help the government procure vaccines; expand storage facilities; and dist ....

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