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World Bank Approves $1.1 Billion Emergency Financing for Bangladesh The World ‌Bank approved $1.1 billion in emergency financing for Bangladesh to help secure food supplies, support vulnerable households and businesses due to the rising prices of fertilizer, fuel and food from the Middle East conflict. Bangladesh is also seeking additional external financing from development partners, including the International Monetary Fund (IMF), to shore up foreign exchange reserves and ease pressure on public finances following a surge in ‌energy import costs and ‌broader economic challenges. The World Bank ‌package ⁠comprises two projects ⁠aimed at helping the country manage external shocks and maintain economic stability. Of the total, $300 million will be provided under the Emergency Support for Food Security Project to finance imports of 600,000 metric tons of fertilizer for the upcoming ⁠rice seasons. Bangladesh imports more than 85% ‌of its fertilizer requirements, ‌making it vulnerable to disruptions in global supply chains. "Rising ‌food, fertilizer and fuel prices stemming from ‌the Middle East conflict, coupled with tighter fiscal space, have deeply affected Bangladesh's economy, pa…

BANGLADESH: World Bank Provides $1.1 Billion Emergency Support to ... WASHINGTON, June 26, 2026 — The World Bank approved $1.1 billion for two projects to help Bangladesh mitigate the price and supply volatility in the global fertilizer and fuel markets, sustain food security, and enable rapid response. “Rising food, fertilizer, and fuel prices stemming from the Middle East Conflict, along with tighter fiscal space have deeply impacted Bangladesh’s economy, hitting smallholder farmers as well as poor and vulnerable people the hardest, ” said Jean Pesme, World Bank Division Director for Bangladesh and Bhutan. “ The World Bank has stepped up with immediate support to help Bangladesh mitigate this impact to ensure fertilizer supply for rice production, protect households, jobs and livelihoods and continue with essential services.” The Emergency Support for Food Security Project ($300 million) will provide time-bound financing to help Bangladesh import fertilizers critical for the Aman and Boro seasons in July–October 2026 and October 2026–April 2027, respectively. The country imports more than 85% of its fertilizer requirements. The project will finance imports of 600,000 metric tons…

World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid ... The World Bank has approved $1.1 billion in emergency financing for Bangladesh to help the country cope with the economic impact of rising food, fuel, and fertilizer prices driven by the ongoing conflict in the Middle East. The emergency funding package is designed to support Bangladesh’s economy as higher global commodity prices place additional strain on public finances, inflation, and essential imports. According to the World Bank, $300 million of the financing will be used to fund fertilizer imports ahead of the country's upcoming rice planting seasons. The support is expected to help cultivate approximately 1.4 million hectares of farmland, a critical step for maintaining agricultural production and food security. Bangladesh depends on imports for more than 85% of its fertilizer requirements, making it highly vulnerable to disruptions in global supply chains and price spikes. The remaining $713 million will finance a range of emergency measures aimed at protecting the country's most vulnerable populations. The funds will support cash assistance programs for low-income households, provide financial supp…

World Bank approves $1.1B in emergency funding for Bangladesh The World Bank authorized some $1.1 billion in emergency funding for Bangladesh to help secure food ​supplies, support vulnerable households and businesses due to the rising prices...

World Bank approves $1.4b emergency financing for Bangladesh World Bank approves $1.4b emergency financing for Bangladesh Sign up now: Get insights on Asia's fast-moving developments The World Bank package comprises two projects aimed at helping the country manage external shocks and maintain economic stability. PHOTO: REUTERS Published Jun 27, 2026, 04:30 PM Updated Jun 27, 2026, 04:47 PM Set as preferred source Listen DHAKA – The World Bank approved US$1.1 billion (S$1.4 billion) in emergency financing for Bangladesh to help secure food supplies, support vulnerable households and businesses due to the rising prices of fertiliser, fuel and food from the Middle East conflict. Bangladesh is also seeking additional external financing from development partners, including the International Monetary Fund (IMF), to shore up foreign exchange reserves and ease pressure on public finances following a surge in energy import costs and broader economic challenges. The World Bank package comprises two projects aimed at helping the country manage external shocks and maintain economic stability. Of the total, US$300 million will be provided under the Emergency Support for Food Security Project t…