Bangladesh seeks dollar 500 million support for COVID 19 vaccine from World Bank

According to a government press release on Saturday, the issue was discussed between Bangladesh and the World Bank on October 22 as part of the annual meeting between the two. 

Bangladesh also requested the World Bank to release dollar 250 million on an urgent basis under the COVID 19 recovery and response project to overcome the impact of COVID 19 on the country.

In order to mitigate the COVID 19 impact on the labour market, financial and social sectors,  Bangladesh requested the World Bank to speedily disburse the 3rd installment of dollar 250 million budget support in the current financial year. 

By Rajesh Jha