World Bank

The World Bank has been a longstanding partner of Bangladesh since its independence. Since then, the World Bank through its concessional lending arm—the International Development Association (IDA)—has committed more than $28 billion in grants, interest-free and concessional financing credits to Bangladesh. In the recent years, Bangladesh has been among the largest recipient country of the IDA fund. The World Bank has also been the largest external funder of Bangladesh providing over a quarter of all foreign aid to the country.  The World Bank has been supporting the government efforts in economic development and growth, power, infrastructure, disaster management, climate change, human and social development and poverty reduction.

The World Bank Group’s Country Partnership Framework (CPF) for Group’s Country Partnership Framework (CPF) for 2016-2020 supports Bangladesh to achieve its vision of reaching middle-income status by its 50th birthday in 2021. During the period, the World Bank Group’s technical and financial assistance focuses on (i) accelerating growth by helping to remove bottlenecks to growth and shift more financing to increase electricity supply and improve transport connectivity; (ii) foster social inclusion by building on Bangladesh’s impressive gains in human and social development; and (iii) strengthen climate and environmental management with the aim to enhance Bangladesh’s resilience to natural disasters, improving water and natural resource management and modernizing agriculture. The framework is anchored in the government’s seventh Five Year Plan which covers the same period.

IDA’s portfolio in Bangladesh as of March 30, 2018 stands at $10.25 billion in 42 ongoing projects. 

Last Updated: Apr 05, 2018