Dhaka, Feb. 11 -- The World Bank's Board of Executive Directors on Tuesday approved a $370 million financing to improve sanitation and solid waste management services, reducing water pollution and restoring rivers and canals in Dhaka and surrounding areas, World Bank said in a statement on Wednesday.

The Metro Dhaka Water Security and Resilience Program will strengthen local and national institutions' capacity to reduce water pollution in the greater Dhaka area, which generates about half of the country's formal employment and one-third of its GDP. The program introduces a results-based system to help city corporations and Water Supply and Sewerage Authority (WASA) deliver measurable improvements on the ground. It will provide safely man...