Bangladesh got 4.7 bn dollar from IMF to revive economy

Bangladesh has recently received a loan of 4.7 billion dollars from the World Bank's International Development Association, as part of a new programme to help vulnerable middle-income countries and island states. The funding is expected to have a significant effect on the economy of Bangladesh, as it can be used to finance growth-enhancing investments.

This increased flow of capital into middle-income countries will help bolster their economic resilience, in addition to the protection they already receive from the international community. Additionally, this funding will also help Bangladesh prepare for and respond to the effects of climate change, which are particularly acute in the Asia-Pacific region.