November 14, 2022
2 mins read

World Bank to provide loan for beautification of Dhaka

The Finance Minister said that the “rivers around Dhaka would be freed from illegal grabbers and the city would be made livable” with the help of the World Bank grant….reports Asian Lite News

The World Bank will grant a loan to Bangladesh for a project to beautify Dhaka, one of the most congested cities in the world.

Finance Minister AHM Mustafa Kamal told journalists on Sunday that the project named ‘Beautification of Dhaka’ will be implemented in several phases.

Currently, World Bank Vice President for the South Asia Martin Raiser is on a three-day visit to Dhaka during which he is scheduled to hold meetings with Prime Minister Sheikh Hasina and other government high-ups.

He is also supposed to inspect some projects being implemented with World Bank funding.

Kamal’s announcement came following his meeting with Raiser which was also attended by Finance secretary Fatima Yasmin, Economic Relations Division (ERD) secretary Sharifa Khan, incoming World Bank country director of Bangladesh and Bhutan Abdoulaye Seck, regional director Guangzhe Chen and outgoing country director Mercy Tembon.

The Finance Minister said that the “rivers around Dhaka would be freed from illegal grabbers and the city would be made livable” with the help of the World Bank grant.

Bangladesh had sought the loan during the annual meeting of World Bank and International Monetary Fund (IMF) held in Washington last month.

With a population of over 22 million, Dhaka is one of the most congested cities in the world.

The rivers surrounding Dhaka are being polluted by the discharge of untreated industrial effluent, urban wastewater, agrochemicals, sewage water, storm runoff, solid waste dumping, oil spillage, sedimentation, and also encroachment.

The dyeing factories and tanneries are the main polluters. As a matter of fact, rivers have become a dumping ground for all kinds of solid, liquid, and other chemical waste.

Encroachment on rivers is a common practice in Bangladesh. Most of the natural drainages of Dhaka City disappeared or are in the way due to illegal encroachment.

Besides, in Dhaka contamination of water is occurring from human excreta as well, as 70 per cent of the population of the city does not have access to improved sanitation facilities.

People living near the rivers, having no other alternative, are forced to use polluted river water. Some also use the water because they are unaware of the health risks. This causes the spread of waterborne and skin diseases.

Solid waste and different effluents dumped into the rivers make it difficult for fish and other sub-aquatic organisms to live.

ALSO READ: Kolkata Port upbeat after trials through Bangladesh ports

Previous Story

Fired employees find it hard to get jobs amid recession fears

Next Story

Amazon begins cost-cutting review: Report

Latest from -Top News

Hasina’s Defiant Words Before Ouster

Reportedly before leaving Hasina wanted to record a farewell speech to be aired on television, but military officials declined….reports Asian Lite News Following a violent student uprising last year, the Bangladeshi military

US Lawmakers Push AI Watchdog on China

The lawmakers stressed that “there is a strong national security need for better understanding, predicting, and preparing for the PRC’s AI progress…reports Asian Lite News Chairman John Moolenaar and Ranking Member Raja

Trump’s 51st State Pitch to Canada

The development follows a meeting between Trump and Canadian Prime Minister Mark Carney on May 6, where Trump praised Carney’s political success….reports Asian Lite News US President Donald Trump claimed that he

Azhar Acquittal Sparks Outrage in Bangladesh

Jailed for nearly 13 years for war crimes, Azharul was received by party leaders and activists at the jail gate by his radical supporters….reports Asian Lite News Once accused of committing crimes

Trump Warns Putin: ‘Playing with Fire’

Trump on Sunday made harsh remarks on both Putin and Ukrainian President Volodymyr Zelensky…reports Asian Lite News US President Donald Trump warned Russian President Vladimir Putin that he is “playing with fire”
Go toTop

Don't Miss

Bangladesh Hindu Crisis: Diaspora Appeals to Biden

The diaspora body also emphasised that Bangladesh has had a

Indian Army chief calls on Bangladesh PM  

The Army chief will be reviewing the POP at IMA,