Dhaka, May 15 -- The World Bank's Board of Executive Directors Thursday approved 270 million U.S. dollars in financing to bolster Bangladesh's flood recovery efforts and enhance its resilience to future disasters, including support for constructing and rehabilitating critical infrastructure, strengthening agricultural system and improving livelihoods in areas devastated by the August 2024 floods.
The Bangladesh Sustainable Recovery, Emergency Preparedness and Response (B-STRONG) Project will build and reconstruct rural and flood protection infrastructure in the Chattogram and Sylhet Divisions, providing protection to 1.6 million people, said the Washington-based lender.
Taking a comprehensive approach, it said in a statement that the pro...