The World Bank (WB) has expressed its interest to disburse additional $700 million in the form of both grant and soft loan to Bangladesh for forcefully displaced Rohingyas and the host community in Chattogram.
"The World Bank has showed interest to provide fresh $700 million for Rohingyas and host community," Foreign Minister Hasan Mahmud told reporters after holding a meeting with WB Country Director Abdoulaye Seck at the foreign ministry in Dhaka on Tuesday, reports BSS.
Of the $700 million, he said, $315 million would be disbursed as grant for the Rohingyas and $385 million for the host community of the Chattogram division under soft loan scheme.
He said the fund under the soft loan would be used for elevating livelihood of inhabitants of the Chattogram division through developing infrastructure facilities and improving healthcare services.
During the meeting, the minister said they discussed to further strengthen the development cooperation between Bangladesh and the World Bank in the day to come.
"He (WB country director) showed his keen interest to strengthen and widen World Bank engagement with us (Bangladesh)," said the foreign minister.
Currently World bank has been running its 15 billion US dollars fund in 56 ongoing projects in Bangladesh.
