Dhaka, May 25 -- A financing agreement was signed on Sunday between the government of Bangladesh and the International Development Association (IDA) of the World Bank Group involving $270 million loan to implement the 'Bangladesh Sustainable Recovery, Emergency Preparedness and Response Project (B-STRONG)'.

Md. Shahriar Kader Siddiky, Secretary, Economic Relations Division and Gayle Martin, Acting Country Director of the World Bank, Dhaka signed the financing agreement on behalf of their respective sides, reports BSS.

The project has five components. The project will be implemented by the Bangladesh Water Development Board (BWDB) under Ministry of Water Resources; Department of Agricultural Extension (DAE) and Bangladesh Agricultural De...