Dhaka, Dec. 24 -- The World Bank has approved 150.75 million U.S. dollars to help Bangladesh scale up support to create employment, opportunities and better income for low-income youth and micro entrepreneurs, with a focus on women and those living in climate-vulnerable areas.
The additional financing to the Recovery and Advancement of Informal Sector Employment (RAISE) Project will create employment and income opportunities for about another 176,000 youth across Bangladesh, in addition to the earlier 233,000 project beneficiaries, the Washington-based lender said in a statement on Wednesday.
"A good job can transform a life, a family, and a community. Yet, every year, many young Bangladeshis entering the labor market can't find work. The...