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

UN Watchdog Raps China on Tibet Abuses

Raising concerns about the human rights violations in China, Turk highlighted the lack of progress on much-needed legal reform to ensure compliance with international human rights law….reports Asian Lite News United Nations

At G7, Modi Calls Out Terror Backers

Emphasising the security challenges, PM Modi called upon countries to strengthen the global fight against terrorism…reports Asian Lite News While participating in the G7 Outreach Session in Kananaskis, Canada, Prime Minister Narendra

Yellow alert as mercury soars

Public health authorities warn of risks to older adults and vulnerable populations as parts of England brace for rising temperatures. The UK Health Security Agency (UKHSA) has issued the country’s first yellow

Blast Derails Jaffar Express in Balochistan

According to police officials, the blast created a crater approximately three feet wide and deep, damaging nearly six feet of railway track….reports Asian Lite News At least six coaches of Pakistan’s Jaffar

India Presses SCO to Name Pahalgam Terror Act

India has urged that the official outcome statement of the upcoming SCO summit should include a condemnation of the Pahalgam terror attack…reports Asian Lite News India has urged that the recent terror
Go toTop

Don't Miss

‘Bangladesh Economy on Right Track’

IMF Director for Asia and Pacific said Bangladesh is getting

B’DESH VIOLENCE: Death toll reaches 6

The spate of atrocities started on October 13 in Cumilla