Published on 6/27/2026
The World Bank has agreed to provide emergency financing worth $1.1 billion to Bangladesh, to support food security, protect livelihoods, and enhance the economy’s ability to face the repercussions of the global rise in food, fertilizer and fuel prices, according to the German News Agency.
The agency stated that the funding will be allocated to two projects aimed at ensuring the provision of fertilizers necessary for rice production, in addition to supporting the most vulnerable families and affected companies, thus enhancing the country’s ability to deal with future economic shocks.
Jean Besme, World Bank Regional Director for Bangladesh and Bhutan, said that the Bangladeshi economy is facing increasing pressures as a result of rising prices resulting from the conflict in the Middle East, noting that the limited financial space makes it more difficult to contain these repercussions.
He added that the financing comes at a time when Bangladesh is facing increasing economic challenges, including disruptions to global supply chains, rising import costs, and continuing inflationary pressures, which are factors that have burdened the economy and raised the need for urgent support measures, according to the German News Agency.
This financing is relied upon to contribute to securing agricultural production requirements, reducing the effects of rising prices on the most affected groups, and supporting the ability of the Bangladeshi economy to withstand the face of global fluctuations.
