The Government of India and the World Bank signed a $400 million project to support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic. This is the second operation in a programmatic series of two. The first operation of $750 million was approved in May 2020.… Continue reading Indian signs a second 400 million USD loan for COVID 19 with WB to assist poor households
Tag: Loan
$ 200 Millions WB Loan for Bangladesh to help Water and Sanitation Access
The credit is from the World Bank’s International Development Association (IDA), which provides concessional financing, has a 30-year term, including a five-year grace period. Bangladesh currently has the largest ongoing IDA program totaling over $13.5 billion. The World Bank approved $200 million to help Bangladesh improve access to safe water and sanitation services in rural areas.… Continue reading $ 200 Millions WB Loan for Bangladesh to help Water and Sanitation Access