Live Tv
Rtv Plus
World Bank to Provide $3.5 Billion Loan to Bangladesh for Reform Work
Rtv News
26 Sep 2024, 11:10
World Bank President Ajay Banga met Dr Yunus in New York. Photo: Collected
The World Bank will provide Bangladesh with a $3.5 billion loan on easy terms to support the implementation of reforms by the interim government.
On Wednesday (September 25), local time in New York, World Bank President Ajay Banga met with Bangladesh's Chief Advisor, Professor Dr. Muhammad Yunus, at the UN headquarters on the sidelines of the United Nations General Assembly. During the meeting, the World Bank President announced this assistance.
Ajay Banga, a long-time friend of Professor Yunus, stated that at least $2 billion will be new loans, while $1.5 billion will be reallocated from existing programs.
He mentioned that the World Bank will provide this loan to assist in reforms related to digitization, alleviating the liquidity crisis, as well as in the energy, power, and transportation sectors.
During the meeting, Professor Yunus requested the World Bank's support for the interim government's comprehensive reform programs.
Read More
He also called for innovation in the World Bank's loan programs, stating that this is a significant opportunity for the country’s rebuilding efforts.
The World Bank President discussed energy cooperation in South Asia and how hydropower generated in Nepal and Bhutan can be shared with neighboring countries, including India and Bangladesh. Energy and Power Advisor Fauzul Kabir Khan was present at the meeting.
(Source: BSS)
Comments
Meeting of Bangladeshi students about admitted to Russian Universities
A formal meeting was held at the Russian House in Dhaka regarding the quota-based Russian university admission for Bangladeshi students of the Russian Federation government.
Russian House in Dhaka organized a formal ceremony to issue passports with visas for admission to Russian universities to Bangladeshi students on 28 August,2024.
The Director of the Russian House in Dhaka P. Dvoychenkov wished the students success in their education in Russia, hoping they would return to Bangladesh as professionals in their fields and play a special role in developing their country.
Russia is a recognized global leader in training mathematicians, physicists, chemists, geologists, engineers, programmers, doctors, and specialists in other natural science fields. The Russian higher education system comprises over 750 universities and more than 650 specialties across various educational levels.
Modern Russia is a blend of Asia and Europe, where everyone can find a piece of home. Throughout its history, Russia has bordered many different states and peoples, absorbing their traditions and values, which has led to a rich ethnic and cultural diversity. Because of this diversity, applicants from any country can feel comfortable in their new country and adapt easily to student life.
At the meeting, students who received visas from the Russian government for their studies expressed their gratitude in an emotional speech. They thanked the Director of the Russian House in Dhaka and noted that they would return to their country after completing their studies in Russia and participating in its development.
In the second part of the event, students were shown the film 'Freedom of Conscience and Religion,' which explores the diversity of religious confessions and the necessity of peaceful coexistence among their representatives, along with several other films.
The event was held in a very warm and friendly atmosphere.
Lutfar Rahman Badal gets permanent bail
Former chairman of IFIC Bank and businessman Lutfar Rahman Badal has been granted for permanent bail in a case filed by the Anti-Corruption Commission (ACC).
He appeared in the Dhaka Metropolitan Sessions Judge's Court on Thursday (August 29) and applied for bail in two ACC cases. After the hearing, the court granted him permanent bail.
Lutfar Rahman Badal's lawyer Masud Parvez confirmed this information. According to Badal, 'Due to political revenge, a harassing false case was filed against me. I was out of the country because of a bad internal situation. I have come to court respecting the law. I believe that I will get justice from the court.
He also expects justice from the court in other false and harassing cases filed against him.
DMP banned public gatherings several places in Dhaka
The Dhaka Metropolitan Police (DMP) has issued a public notice banning all kinds of meetings, gatherings, marches, processions, demonstrations, etc in the capital on the roads adjacent to the Chief Justice's official residence, Justice Bhaban, Judges Complex, main gate of Bangladesh Supreme Court and Matsya Bhaban.
DMP Commissioner Mainul Hasan informed this in a public notice on Thursday (August 29).
It is stated in the public notice that because of the recent situation, the Hon'ble Chief Justice of Dhaka Metropolitan Police Ordinance will proceed from 30th August 2024 (Friday) until further orders.
All kinds of meetings, gatherings, processions, processions, demonstrations, etc are prohibited on the roads adjacent to the government residence, Justice Bhaban, Judges Complex, main gate of Bangladesh Supreme Court, and Matsya Bhaban.
Ashulia's viral video of dead bodies piled up in a van
A video of a pile of dead bodies in a van recently went viral on social media. The gruesome video was of some people who were killed during the quota reform movement.
After the video went viral, questions arose as to where the incident took place. Later, the fact check organization Rumor Scan said that the incident of pile of dead bodies in the van was in the area adjacent to Ashulia police station. However, their identity is not yet known.
The company confirmed the matter on Friday (August 29) night.
In the viral video, several bodies are seen piled up in a van. Besides, another body is being transferred by the police to the van. The bodies were later covered with a poster. At this time, some other policemen are also seen walking around. Although many have questioned whether those who were wearing police jackets were actually police.
According to Rumor Scan, the much-discussed video of the pile of dead bodies happened in the area adjacent to Ashulia police station. This incident happened on the afternoon of August 5. Besides, two people living around the scene claimed that the poster seen on the wall of the video is Abul Hossain Bhuiyan, candidate for ward number 7 of Dhamsona Union of Ashulia.
It is known that this poster on the wall is not available now. Immediately after August 5, all the walls were repainted.
Incidentally, in the anti-discrimination movement on July 15, the Chhatra League repeatedly attacked ordinary students in several universities including the capital Dhaka. At the same time, the police opened fire to quell the students' agitation.
Later, on August 4, there were reports of hundreds of people killed in clashes with government-backed leaders and activists and protesters with the police around a phase of the anti-discrimination student movement.
In this situation, Sheikh Hasina left the country on August 5 and went to India. Some of the MP ministers have fled abroad, some are hiding in the country and some have been arrested and remanded.
GFI reports / 80,000 crores smuggled from Bangladesh every year
Global Financial Integrity (GFI), a Washington-based financial sector research organization, said that an average of 7.53 billion 37 million dollars or Tk 80,000 crores have been smuggled abroad from Bangladesh every year.
The organization says, 'Every year, an average of 80 thousand crore has been smuggled from this small third world country! A large part of which is smuggled in the guise of international trade.'
Economists say that the main challenge now is to recover the laundered money anyway. They also said that for the past few years, the economy of the country has been suffering from various factors including dollar crisis, fragile economy, inflation, one of the reasons of which is money laundering. Lakhs of crores have been smuggled to different countries of the world in various ways including global trade manipulation, hundi, smuggling.
According to the Center for Policy Dialogue (CPD), in the last one and a half years, more than 100 thousand crores have been smuggled to different countries of the world through only 24 loan scams embezzled from 19 domestic banks. Not only individual initiatives, several financial institutions and public, private banks are also indirectly involved in the money laundering process.
Several years ago, Bangladesh signed several agreements with many countries to recover the money smuggled. Economists say that the current government can continue those agreements and joint ventures with related countries.
Dhaka beholds 80mm rainfall in 3 hrs, most streets underwater
A total of 80 millimetres of rainfall has recorded in Dhaka from 6:00 am to 9:00 am on Tuesday (September 03). It has caused water-logging in various places. Apart from this, public transports has seen comparatively less due to the accumulation of water on the roads.
From morning, a picture shows that due to the rain, most of the people are waiting for the bus with umbrella. People who go to office are facing more problems.
BMD meteorologist Md Omar Faruk told the media that heavy rains hit Dhaka and Rajshahi divisions today, Tuesday with 80 millimeters of rainfall recorded in the capital in three hours.
Most of these two divisions are likely to receive rain. Other divisions may experience rain in some places. The sky of the capital has been cloudy since yesterday.
Many roads in the capital including Karwan Bazar, Shahjahanpur, Malibag Railgate, Mouchak, Moghbazar, West Tejturi Bazar, Tejkunipara, Dhanmondi, Border Bazar in West Shewrapara, Mollapara in South Manipur have already accumulated water. There is no end to the suffering of pedestrians.
Chief Advisor Calls Captain Shanto After Historic Victory
Chief Advisor Professor Muhammad Yunus called national cricket team captain Najmul Hossain Shanto by phone to congratulate him and his team for their historic Test win against Pakistan on Tuesday (September 03).
"Heartiest congratulations on behalf of the government and myself. The whole nation is proud of you," the Chief Adviser told Shanto after Bangladesh completed a six-wicket victory in the Second Test in Rawalpindi to complete a 2-0 clean sweep victory in the two-Test series.
Dr Yunus said the Bangladesh team would be accorded a reception after they returned home.
