World Bank

Are multilateral financial institutions doing enough to ensure climate justice?

She alleges that the development paradigm still reflects the colonial framework of power relationships.

Commodity prices to experience slight downturn in 2024 and 2025: World Bank

Commodity prices are projected to experience a slight downturn in 2024 and 2025 but are expected to remain above pre-pandemic levels, according to the World Bank

Sri Lanka recovering but poverty enduring: World Bank

Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of the country's citizens will remain living in poverty

5 lakh Bangladeshis likely to face extreme poverty: World Bank

Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank

Economy to post subdued growth for at least three years

The multilateral lender said the economy would grow at 5.6 percent in 2023-24, lower than the South Asian average of 6 percent for 2024. Annual GDP growth averaged 6.6 percent in the decade before the pandemic struck the world in 2020.

Forced bank mergers could be counterproductive

The government should come up with a clear guideline complying with the global best practices before compelling banks to merge, the World Bank has said.

Forced bank mergers may be counterproductive: World Bank 

The WB said before initiating any merger processes, detailed guidelines on mergers and acquisitions need to be issued, allowing banks a clear idea about the process involved

Bangladesh economy to grow below 6% for two consecutive years: World Bank

Bangladesh’s real GDP growth is projected to remain relatively subdued at 5.6 percent in the current fiscal year, compared to the average annual growth rate of 6.6 percent over the decade preceding the Covid-19 pandemic, the World Bank said today.  

World Bank to share more data to attract private investors to developing countries

Economic growth has slowed in developing countries, with growth falling to barely 4% from 6% in two decades, Banga said, noting that each lost percentage point dragged 100 million people into poverty, while debt levels were rising

June 2, 2024
June 2, 2024

Are multilateral financial institutions doing enough to ensure climate justice?

She alleges that the development paradigm still reflects the colonial framework of power relationships.

May 11, 2024
May 11, 2024

Commodity prices to experience slight downturn in 2024 and 2025: World Bank

Commodity prices are projected to experience a slight downturn in 2024 and 2025 but are expected to remain above pre-pandemic levels, according to the World Bank

April 3, 2024
April 3, 2024

Sri Lanka recovering but poverty enduring: World Bank

Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of the country's citizens will remain living in poverty

April 3, 2024
April 3, 2024

5 lakh Bangladeshis likely to face extreme poverty: World Bank

Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank

April 3, 2024
April 3, 2024

Economy to post subdued growth for at least three years

The multilateral lender said the economy would grow at 5.6 percent in 2023-24, lower than the South Asian average of 6 percent for 2024. Annual GDP growth averaged 6.6 percent in the decade before the pandemic struck the world in 2020.

April 3, 2024
April 3, 2024

Forced bank mergers could be counterproductive

The government should come up with a clear guideline complying with the global best practices before compelling banks to merge, the World Bank has said.

April 2, 2024
April 2, 2024

Forced bank mergers may be counterproductive: World Bank 

The WB said before initiating any merger processes, detailed guidelines on mergers and acquisitions need to be issued, allowing banks a clear idea about the process involved

April 2, 2024
April 2, 2024

Bangladesh economy to grow below 6% for two consecutive years: World Bank

Bangladesh’s real GDP growth is projected to remain relatively subdued at 5.6 percent in the current fiscal year, compared to the average annual growth rate of 6.6 percent over the decade preceding the Covid-19 pandemic, the World Bank said today.  

March 24, 2024
March 24, 2024

World Bank to share more data to attract private investors to developing countries

Economic growth has slowed in developing countries, with growth falling to barely 4% from 6% in two decades, Banga said, noting that each lost percentage point dragged 100 million people into poverty, while debt levels were rising

March 19, 2024
March 19, 2024

Bancassurance: a win-win solution for Bangladesh

With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.

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