The World Bank has stepped forward to assist Bangladesh's central bank in reforming its financial sector, announcing a loan package worth $1 billion (100 crore dollars). On Sunday afternoon (September 15), a World Bank delegation met with Governor Dr. Ahsan H. Mansur. Out of the total amount, $750 million will be provided to Bangladesh Bank as policy-based loans, while the remaining $250 million will be allocated as investment loans and guarantee facilities. The World Bank's board is expected to approve this loan by December.
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151 words · 50 secGiant Mountain Section Collapses Into Nepal’s Kaligandaki River After Heavy Rain
Heavy rainfall triggered a massive landslide in Nepal, causing a large section of a mountain to collapse into the Kaligandaki River. The debris partially blocked the river’s flow, raising concerns about possible flash f…
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