The World Bank has approved $500 million budget support for Bangladesh, which is equivalent to about 6,000 crore taka in Bangladeshi currency.<\/p>\n
The loan was approved at a board meeting held at the World Bank headquarters in Washington on Saturday (June 21).<\/p>\n
The money will be used to improve transparency, accountability and stability in Bangladesh’s financial sector. According to a World Bank press release, the money will be spent mainly on reforming government revenue collection, increasing transparency in tax policy, strengthening risk management in the banking sector and preventing corruption in government services by introducing e-procurement.<\/p>\n
Earlier, the Asian Development Bank (ADB) approved $500 million in budget support. As a result, Bangladesh is going to receive about $1 billion in budget support by June 30.<\/p>\n
In addition, Bangladesh is likely to receive $1.3 billion in two loan installments at the International Monetary Fund (IMF) board meeting next Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"
The World Bank has approved $500 million budget support for Bangladesh, which is equivalent to…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[292],"tags":[],"class_list":["post-31600","post","type-post","status-publish","format-standard","hentry","category-economy"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","covernews-slider-full":"","covernews-slider-center":"","covernews-featured":"","covernews-medium":"","covernews-medium-square":""},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Economy<\/a>","tag_info":"Economy","comment_count":0,"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":26482,"url":"https:\/\/biztrend24.com\/?p=26482&lang=en","url_meta":{"origin":31600,"position":0},"title":"IMF will release funds after seeing the budget’s commitments reflected","author":"Biz Trend 24","date":"March 4, 2025","format":false,"excerpt":"Bangladesh's $4.7 billion loan program with the International Monetary Fund (IMF) has been delayed in receiving the installments this time. Bangladesh has received the previous three installments. The fourth installment was supposed to be received in December, which has not been received so far. Sources said that the IMF has\u2026","rel":"","context":"In "International"","block_context":{"text":"International","link":"https:\/\/biztrend24.com\/?cat=115&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-04-113631.jpg?fit=641%2C358&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-04-113631.jpg?fit=641%2C358&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-04-113631.jpg?fit=641%2C358&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":26048,"url":"https:\/\/biztrend24.com\/?p=26048&lang=en","url_meta":{"origin":31600,"position":1},"title":"Special attention to increase employment","author":"Biz Trend 24","date":"February 24, 2025","format":false,"excerpt":"The number of people participating in the country's labor force has decreased significantly. Although the number of unemployed people was relatively low at the beginning of the year, it increased at the end of the year. The latest labor force survey of the Bangladesh Bureau of Statistics (BBS) has revealed\u2026","rel":"","context":"In "Bangladesh"","block_context":{"text":"Bangladesh","link":"https:\/\/biztrend24.com\/?cat=103&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-24-135934.jpg?fit=646%2C358&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-24-135934.jpg?fit=646%2C358&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-24-135934.jpg?fit=646%2C358&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":30537,"url":"https:\/\/biztrend24.com\/?p=30537&lang=en","url_meta":{"origin":31600,"position":2},"title":"Japan to provide $1.063 billion aid to Bangladesh, sign agreement for economic reforms and railway development","author":"Biz Trend 24","date":"June 3, 2025","format":false,"excerpt":"A deal has been signed and agreements have been exchanged between Bangladesh and Japan, under which Tokyo will provide a total of $1.063 billion to Bangladesh as budget assistance, railway development and grants. This information was given in an official message sent by the Press Wing of the Chief Advisor\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/biztrend24.com\/?cat=292&lang=en"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31810,"url":"https:\/\/biztrend24.com\/?p=31810&lang=en","url_meta":{"origin":31600,"position":3},"title":"Government increases minimum ‘special benefits’ for government employees to Tk 1,500","author":"Biz Trend 24","date":"June 22, 2025","format":false,"excerpt":"The government has decided to increase the minimum 'special benefits' for government employees to Tk 1,500. This information was given in a press release of the Finance Ministry on Sunday (June 22). The release said that a meeting of the Advisory Council was held today at the office of the\u2026","rel":"","context":"In "Bangladesh"","block_context":{"text":"Bangladesh","link":"https:\/\/biztrend24.com\/?cat=103&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/06\/Untitled-design-2025-06-22T173013.345-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/06\/Untitled-design-2025-06-22T173013.345-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/06\/Untitled-design-2025-06-22T173013.345-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/06\/Untitled-design-2025-06-22T173013.345-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/06\/Untitled-design-2025-06-22T173013.345-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":34546,"url":"https:\/\/biztrend24.com\/?p=34546&lang=en","url_meta":{"origin":31600,"position":4},"title":"World Bank Vice President meets with Principal Advisor","author":"Biz Trend 24","date":"July 15, 2025","format":false,"excerpt":"The newly appointed World Bank Vice President for South Asia, Johannes Jutt, met with Principal Advisor Dr. Muhammad Yunus. During the meeting, Johannes Jutt expressed strong support for inclusive growth in Bangladesh and the Principal Advisor praised the interim government's reform program in the economic sector. Jutt met the Principal\u2026","rel":"","context":"In "National"","block_context":{"text":"National","link":"https:\/\/biztrend24.com\/?cat=284&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-15T113609.904.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-15T113609.904.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-15T113609.904.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-15T113609.904.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/07\/Untitled-design-2025-07-15T113609.904.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":28300,"url":"https:\/\/biztrend24.com\/?p=28300&lang=en","url_meta":{"origin":31600,"position":5},"title":"Electric buses to run in Dhaka, costing Tk 2,500 crore","author":"Biz Trend 24","date":"May 18, 2025","format":false,"excerpt":"A plan has been made to introduce electric buses in the capital Dhaka. A project proposal costing Tk 2,500 crore has been sent to the Planning Ministry for this. The proposal sent by the Road Transport and Highways Department states that 400 electric buses will be purchased in the project.\u2026","rel":"","context":"In "National"","block_context":{"text":"National","link":"https:\/\/biztrend24.com\/?cat=284&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-18T114520.811-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-18T114520.811-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-18T114520.811-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-18T114520.811-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/05\/Untitled-design-2025-05-18T114520.811-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/31600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31600"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/31600\/revisions"}],"predecessor-version":[{"id":31602,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/31600\/revisions\/31602"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}