Which project in Bangladesh will receive the highest amount of funding from the World Bank's recent agreement?

Solution

The World Bank (WB) will provide 2.25 billion dollars to Bangladesh to support projects related to growth, regional connectivity and disaster preparedness. The agreement was signed in Washington to celebrate 50 years of partnership between the World Bank and Bangladesh. The financial agreement includes support for five projects in Bangladesh. The World Bank will provide 743.45 million dollars to improve regional trade under its ‘Accelerating Transport and Trade connectivity in Eastern South Asia (ACCESS) programme, phase-1. Under the Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) project, Bangladesh will receive 500 million dollars to support its Delta Plan 2100 to improve disaster preparedness against inland flooding. About World Bank Established: December 1944                 Headquarters: Washington, D.C., U.S.            President: David Malpass About Bangladesh Capital: Dhaka                                      Currency:  Taka