Arab Today, arab today world bank provides 200m support to bangladesh
Last Updated : GMT 17:21:54
Arab Today, arab today
Arab Today, arab today

World Bank provides $200m support to Bangladesh

Arab Today, arab today

Arab Today, arab today World Bank provides $200m support to Bangladesh

World Bank
Dhaka - QNA

The Government of Bangladesh signed a US $200 million financing agreement with the World Bank for the Nuton Jibon Livelihood Improvement Project to improve livelihoods for about five million rural poor.

The Nuton Jibon Livelihood Improvement Project will provide livelihood support and enable access to markets through business partnerships to empower the rural communities, a World Bank press release said The project will mobilize the extreme poor, who often remain left out from micro credit schemes, by building and strengthening community institutions including Nuton Jibon community societies. In addition, the project will raise nutrition awareness, share agricultural knowledge and focus on enhancing youth skills so that they can take advantage of employment opportunities. The project will also fund small scale rural infrastructure.

"While Bangladesh has made tremendous progress in reducing poverty over the past four decades, poverty remains more pervasive in rural areas than in urban areas in Bangladesh," said Christine Kimes, Acting Country Head, World Bank Bangladesh "The Nuton Jibon Livelihood Improvement Project will scale-up the activities of predecessor programs to improve economic wellbeing and empower the poorest households, and especially poor women." ­The Nuton Jibon project builds on earlier projects Social Investment Program Project (I & II) - which started as a pilot in Jamalpur and Gaibandha district and has now expanded to 16 of the poorest districts in Bangladesh. The monitoring and evaluation data showed significant improvement in the incomes and living standards of project beneficiaries. The Nuton Jibon Livelihood Improvement Project will cover around 2,500 new villages in 12 districts in addition to the 3,200 villages supported under the earlier projects.

"The project is a testament to the Government’s continued commitment for accelerating pro-poor growth," said Kazi Shofiqul Azam, Additional Secretary, Economic Relations Division, Government of Bangladesh. "Following a community driven approach, the project will increase income and create employment opportunities for the poor and extreme poor population in the rural areas." The credit from the International Development Association (IDA), the World Bank’s grant and low-interest credit arm for the world’s poorest countries, has a 38-year term, including a 6-year grace period, and a service charge of 0.75 percent.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today world bank provides 200m support to bangladesh Arab Today, arab today world bank provides 200m support to bangladesh

 



Arab Today, arab today
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday