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WB approves $200m for Bangladesh to help urban youths, migrant workers
Sun Online Desk
17th March, 2021 12:52:54
The World Bank has approved $200 million to help Bangladesh provide support and services to the low-income urban youths impacted by the pandemic and the involuntary returnee migrants to improve earning opportunities and resiliency.
The Recovery and Advancement of Informal Sector Employment project will help about 175,000 poor urban youth and low-income microentrepreneurs enhance employability and productivity by helping them access services such as life-skills training, apprenticeship programs, counselling, microfinance, and self-employment support, the World Bank said in a statement on Wednesday.
The project will provide cash grants, counseling, and referrals to relevant services based on their needs and aspirations to help about 200,000 eligible migrants who had been forced to return since January 2020 either sustainably reintegrate into the domestic labor market or