Assessing impact of Bangladesh events on its loan programme: WB

Business Report :
The World Bank on Monday said it was assessing the impact of events in Bangladesh on its loan programme with the country after its Prime Minister Sheikh Hasina resigned and fled.
Hasina’s exit came after hundreds of people were killed in a crackdown on demonstrations that began as protests against preferential job quotas and swelled into a movement demanding her downfall, as per Reuters reports.
“We mourn the violence and tragic loss of life that has taken place in recent weeks in Bangladesh and hope for a swift and peaceful resolution. We are assessing the impact of the unfolding situation on the World Bank Group program and remain committed to supporting the development aspirations of the people of Bangladesh,” a spokesperson for the bank said.
The World Bank’s board in June approved two projects totalling $900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure to ensure sustainable and climate-resistant growth.