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World Bank Announces $700 Million Aid for Rohingya Refugee

Economic Tag: Foreign Aid

The World Bank is set to provide Bangladesh with $700 million, of which $315 million will be granted to Rohingyas, and the remaining $385 million will be a soft loan for the community in Cox’s Bazar. This assistance was communicated by the World Bank country director during a meeting.

The director expressed an interest in deepening cooperation with Bangladesh. Discussions on Rohingya repatriation during a meeting with Myanmar representatives in Uganda were reported as positive. Bangladesh is exclusively engaging with the Myanmar government on this issue. Additionally, there is potential for Bangladeshi entrepreneurs to lease land in Uganda for agricultural projects. Business professionals should monitor these developments for insights into regional collaboration and investment opportunities.

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