implication of world bank projects in bangladesh

World Bank The World Bank is

an internationally supported bank that provides financial and technical assistance to developing countries for development programs with the stated goal of reducing poverty.

Motto Working for a World Free of Poverty

Formation

Founder

July 1944

John Maynard Keynes  & Harry Dexter WhiteType Monetary International Financial Organization

Legal status Treaty

Purpose Crediting

Headquarters Washington, D.C., United States

Region Worldwide

Key people Jim Yong Kim, president

Parent organization World Bank Group

Website worldbank.org

Founder:John Mynard Keynes (Left) & Harry Dexter White (right)

President : Jim young Kim

Goals Of World Bank

Inside the world Bank

Inside the World BankIt includes five institutions-

Institution Number of country member

International Bank for reconstruction and development (IBRD)

185

International development Association (IDA)

167

International Finance Corporation (IFC)

179

Multilateral Investment Guarantee Agency (MIGA)

172

International Center for Settlement of Investment Disputes (ICSID)

143

World Bank In Bangladesh

Country Director : Qimiao Fan

World Bank Project in Bangladesh

Status Numbers

Active  67

Closed 253

Dropped  18

Pipeline  10

Implication of the Project

Education

EducationIt provides around $200 million annually to the

Government to support education

Primary Education Development Project II

(PEDP II) is the main driver

Girls’ secondary school enrollment increased

from 44.73 percent in 1994 to 54.68 percent in

2000.

Female Education Project

Adult Non –formal Education Project

Agriculture

Agricultural Extension Project

Modern food storage facilities project

Integrated Agricultural productivity project

Mangrove afforestation project

Shrimp Culture Project Oxbow lake fisheries Project

Economic Development

Economic DevelopmentWorld Bank the largest external funder of micro credit

programs in Bangladesh.World Bank first entered into micro credit financing

with $180 million which was channeled to the borrowers through a local NGO, Palli Karma Shahayak Foundation (PKSF)

to reach the poorest of the poor, its’ Financial Services to the Poor (FSP) project is one of its’ most successful initiatives.

Transport&

Communication

Jamuna Bridge Mahakhali Flyover

Sitalakhya Bridge Feni road

Power&

Energy

Bakhrabad Gas Development Project

Renewable energy: Grammen Shakti Solar Home project

Siddirganj Power Project

Water management

&Sanitation

Dhaka water supply & Sanitation Project

Chittagong water supply & Sanitation Project

Shallow tubewell and low lift pump irrigation development project

Nutrition &

Health

Nutrition & Health

Health and Population Sector Program (HPSP), a

five-year nationwide effort that began in 1998

This project was followed by another $600 million.

In April 2005, it committed another $300 million

through the Health, Nutrition and Population Sector

Program II (HNPSP II).

Conclusion

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