World Bank
Children in the Pandemic: Consortium predicts 168,000 to die hungry during crisis
Economic fallout from the coronavirus pandemic has set back decades of progress against the most severe forms of malnutrition and is likely to kill 168,000 children before any global recovery takes hold, according to a study released Monday by 30 international organizations.
Pandemic could push 72 mln more children into "learning poverty": WB
COVID-19-related school closures risk is pushing an additional 72 million primary school aged children into "learning poverty" - meaning that they are unable to read and understand a simple text by age 10, the World Bank has said.
Nations must work together to reverse setbacks to poverty reduction: WB
Reversing setbacks to poverty reduction requires nations to work together for a resilient recovery, according to a new World Bank report.
WB Group-IMF annual meetings in Morocco postponed until 2022
The planned World Bank Group-International Monetary Fund (IMF) annual meetings, scheduled to take place in Marrakesh, Morocco in October 2021, have been postponed by 12 months until 2022 due to the Covid-19 pandemic.
WB, BRAC sign MoU for improving road safety in Bangladesh
The World Bank and BRAC signed a Memorandum of Understanding on Saturday to collaborate for improving road safety in Bangladesh.
An online event titled ‘Road Safety Collaboration: Reducing road fatalities 50% by 2030’ was inaugurated by Road Transport and Bridges Minister Obaidul Quader.
He also inaugurated a Road Safety Awareness Campaign along the 48 KM Jessore-Jhenaidah corridor as part of the partnership, according to a press release.
The campaign will complement the World Bank supported WeCARE project, which was approved in June 2020 and aims to upgrade the existing two-lane highway, Bhomra-Satkhira-Navaron, and Jahore-Jhenaidah to a safer four-lane highway.
BRAC and the World Bank will partner together to promote safety for women in public transport systems and conduct training and skills building for drivers, including women drivers.
BRAC’s driving school’s initiative ‘women behind the wheels’ has trained so far about 214 women as professional drivers.
Globally, about 1.35 million people die every year in road accidents.
Robust remittance inflow continues despite pandemic: Finance Minister
Seeking continued support from the World Bank to push the country’s economy forward, Finance Minister AHM Mustafa Kamal has said Bangladesh has seen a marked growth in remittance inflow despite predictions of decline due to the Covid-I9 pandemic.
WB approves $12 bln for Covid-19 vaccine
The World Bank said its executive board approved $12 billion for developing countries to finance the purchase and distribution of Covid-19 vaccines, tests and treatments for their citizens.
WB okays $200 mn for Bangladesh to ensure safe water in rural areas
The World Bank has approved $200 million to help Bangladesh improve access to safe water and sanitation services in rural areas.
Pandemic threatens human capital gains of past decade: WB
The COVID-19 pandemic threatens the hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis shows.
COVID-19 could reverse decades of progress in cutting child deaths
The number of global under-five deaths dropped to its lowest point on record last year – down to 5.2 million from 12.5 million in 1990 – but COVID-19 could reverse decades of progress toward eliminating preventable child deaths, agencies warn on Wednesday.