Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

Skip to Main Navigation
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.  


Contacts

Washington
Yann Doignon
202-641-7447
ydoignon@worldbank.org
Dhaka
Mehrin Ahmed Mahbub
(880-2) 5566-7777
mmahbub@worldbank.org
Api
Api