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Govt signs $250m deal with WB to create better jobs-548711

Govt signs $250m deal with WB to create better jobs BSS 22nd April, 2021 06:58:45 The World Bank  signed on Thursday a $250 million financing agreement to help Bangladesh create more and better jobs, recover faster from the COVID 19 pandemic and build resilience to future crises. The Third Programmatic Jobs Development Policy, the last in a series of three credits, focuses on key reforms to create quality and inclusive jobs, while supporting the government’s response to the COVID-19 crisis, said a World Bank press release. It supports policies to modernize the trade and investment regime; improve social protection for workers; and help youth, women, and vulnerable people access quality jobs.

BD inks over $1b deal with WB for pandemic responding

BD inks over $1b deal with WB for pandemic responding Business Desk : The government of Bangladesh signed three financing agreements totaling $1.04 billion with the World Bank to respond to the Covid-19 pandemic and to build resilience to future crises including vaccination against Covid-19. The agreements were signed by Economic Relations Division secretary Fatima Yasmin and World Bank Country Director for Bangladesh and Bhutan Mercy Tembon on behalf of the Government and the World Bank, respectively. The credits are from the World Bank s International Development Association (IDA), and have a 30-year term, including a five-year grace period. The $500 million additional financing to the Covid-19 Emergency Response and Pandemic Preparedness Project will help Bangladesh vaccinate about 54 million people against Covid-19, according to a WB press release issued on Wednesday. It said that it will help the government procure vaccines; expand storage facilities; and distribute and depl

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