World Bank pledges USD247 million for Bangladesh

The World Bank has injected USD247 million into Bangladesh’s efforts at recovering from the effects of Cyclone Sidr and severe flooding last year. “Having witnessed the cyclone devastation first hand, (I see) the challenges are enormous to rebuild lives, and restore incomes, and livelihoods,” said World Bank South Asia vice president Praful Patel. The natural disasters have affected over 13 million people, claimed more than 1,000 lives, and ruined at least 2 million acres of farmland.

Source: World Bank provides USD247 mln aid to Bangladesh (Xinhua)

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