WASHINGTON, Dec. 12, 2018 - The World Bank’s Board of Executive Directors today approved financing for the following project:
Bangladesh – First Programmatic Jobs Development Policy Credit
IDA Credit: US $250 million
Terms: Maturity = 30 years, Grace period = 5 years
Project ID: P167190
Project Description: The Bangladesh First Programmatic Jobs Development Policy Credit supports reforms to help the government of Bangladesh to improve the policy framework to support diversified, job-creating private investment; strengthen national social protection systems to reduce vulnerability of workers; and improve programs to enhance access to jobs for vulnerable populations.