WB approves $200m for Bangladesh to help urban youth, migrant workers
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to help Bangladesh provide support and services to the low-income urban
youths impacted by the COVID 19 pandemic and the involuntary returnee
migrants to improve earning opportunities and resiliency.
The Recovery and Advancement of Informal Sector Employment (RAISE)
project will help about 175,000 poor urban youth and low-income micro
entrepreneurs enhance employability and productivity by helping them access
services such as life-skills training, apprenticeship programs, counseling,
microfinance, and self-employment support, said a World Bank press release.
The credit is from the World Bank’s International Development
Association (IDA), which provides concessional financing, has a 30-year term,