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LOANS & CREDITS June 19, 2020

Bangladesh: Second Programmatic Jobs Development Policy Credit

WASHINGTON, June 19, 2020- The World Bank’s Board of Executive Directors today approved financing for the following project:

Second Programmatic Jobs Development Policy Credit

IDA: $250 million (development policy credit)

Blend Terms:  

Maturity: 30 years  Grace Period: 5 years

Service charge: 3/4ths of 1% p.a. Interest charge: 1.25% p.a.

Project ID: P168724

Project Description: The project aims to suport the Government of Bangladesh’s program of reforms to address the country’s jobs challenges by: (i) modernizing the trade and investment environment; (ii) strengthening systems that protect workers and build resilience; and (iii) improving policies and programs that enhance access to jobs for vulnerable populations, especially during the Coronavirus pandemic.  


Yann Doignon
Mehrin Ahmed Mahbub
(880-2) 5566-7777