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You are at:Home » B’desh receives US$1.16 billion loan from World Bank for inclusive and climate-resilient development
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B’desh receives US$1.16 billion loan from World Bank for inclusive and climate-resilient development

Adnan MaharBy Adnan MaharDecember 22, 2024No Comments3 Mins Read1 Views
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house » international » B’desh receives US$1.16 billion loan from World Bank for inclusive and climate-resilient development

B'desh receives US$1.16 billion loan from World Bank for inclusive and climate-resilient development

Dhaka, December 22 (SocialNews.XYZ) The World Bank will provide a total of USD 1.16 billion to help Bangladesh improve health services, water and sanitation services, and achieve greener, climate-resilient development. Three projects were approved.

“These new loans will help provide essential services such as health, water and sanitation to the people of Bangladesh, while providing clean, climate-resilient and sustainable services,” Abdullahi Sek, World Bank Country Director for Bangladesh and Bhutan, said in a statement. It will lay the foundation for development.” It was received here on Friday as Bangladesh is one of the most vulnerable countries to climate change and faces the biggest pollution problem.

The $500 million second Bangladesh Green and Climate Resilient Development Credit will support reforms to support the country’s transition to green and climate resilient development, the Washington-based financial institution said, according to Xinhua News Agency. About.

The $379 million Health, Nutrition and Population Sector Development Program for Results will help improve access to quality health and nutrition services and build resilient health systems in Sylhet and Chattogram divisions. Helpful.

The $280 million Chattogram Water Improvement Project will provide safe water to more than one million people in Chattogram through newly rehabilitated water pipes.

This will create approximately 200,000 new domestic taps and provide improved sanitation services to approximately 100,000 people in low-income areas.

The project is part of the World Bank’s South Asia Regional Initiative or Programme, which aims to provide water, sanitation and hygiene (WASH) services to approximately 100 million people across the region by 2035.

The project will also help Chattogram Water Supply and Sewerage Authority (CWASA) improve operational efficiency and financial sustainability and address issues related to water loss such as high levels of leakage, metering inaccuracies, and illegal connections. will help you.

Reduce water loss by installing new water meters and operating 46 smart district meter areas (DMAs) that provide reliable water supply, leak detection, and real-time tracking of water consumption.

Source: IANS

B'desh receives US$1.16 billion loan from World Bank for inclusive and climate-resilient development

About Gopi

Gopi Adusumilli is a programmer. He is the editor of SocialNews.XYZ and president of AGK Fire Inc.

He enjoys designing websites, developing mobile applications, and publishing news articles on current events from various trusted news sources.

When it comes to writing, I like to write about current world politics and Indian cinema. His future plans include developing SocialNews.XYZ into a news website without bias or judgment.

Contact him at gopi@socialnews.xyz.

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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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