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World Bank to Aid Bangladesh Cyclone Recovery

World Bank Offers US$250 Million To Aid Bangladesh Cyclone Recovery And Mitigation

World Bank Offers US$250 Million To Aid Bangladesh Cyclone Recovery And Mitigation

World Bank Assistance to Bangladesh

November 20, 2007 - The World Bank has offered up to US$250 million in the aftermath of Cyclone Sidr to help millions of Bangladeshis recover and to strengthen the country’s disaster mitigation systems.

Bank assistance could be used to support short-term needs like food imports, the rapid procurement of medical supplies, cash grants to the poorest victims and help to get people back on their feet and recovering their sources of income and livelihood. Bank support could also help Bangladesh manage macroeconomic shocks over this period of challenge.

In the longer term, Bank support would be available for infrastructure rehabilitation, especially damage to embankments and other flood mitigation and shelter infrastructure. Xian Zhu, World Bank Country Director for Bangladesh commended the progress that this disaster-prone country has made in dealing with the short and longer term impact of periodic floods and cyclones.

The Bank’s assistance will also support coastal zone management to help Bangladesh face the challenge of climate change by both mitigating the inevitable impact of future storms and designing the necessary adaptations to protect people and their livestock.

The cyclone support will complement existing commitments from the World Bank in response to massive floods in August and September. The Bank provided US$75 million in quick-disbursing financing as an initial flood response and will support restoration and rehabilitation through reallocation of existing funds to support reconstruction and improvements in the areas of agriculture, health, communications, water and sanitation. (Read More »)

Analysis on the impact of Bangladesh Cyclone

Junaid Kamal Ahmad, World Bank Sector Manager for Social Development in the South Asia region, discusses the situation in Bangladesh.

Junaid Ahmad, Sector Manager, Social Development
Junaid Ahmad, South Asia Social Development
  • - The impact of the Bangladesh cyclone and what the World Bank is doing to help millions of Bangladeshis recover and strengthen the country’s disaster mitigation systems. (3m:51s) wmv

2007 South Asia Floods

August 9, 2007 - The 2007 South Asia floods have killed some 2000 people and left millions homeless. In Bangladesh alone, at least 300 people have been killed and eight million displaced according to news reports. Xian Zhu, World Bank Country Director for Bangladesh, who is based in Dhaka, said all the rivers surrounding Dhaka and Narayanganj have continued rising and flowing above danger levels. “The low-lying areas in the eastern part of Dhaka are already affected and this may continue to deteriorate if further rains set in.” (Read More »)

Additional Resources

- Climate Change in South Asia
Climate change is no longer an issue for the distant future. Climate change is already taking place, and the South Asian countries, particularly the poorest people, are most at risk. (Read More »)

- Blog - End Poverty in South Asia
Shanta Devarajan, World Bank Chief Economist for South Asia, shares insights about the fight against poverty in the region. (Read More »)

- South Asia: Development Data
A wide range of social and economic measures on South Asia, including links to the World Bank's most important online development databases. (Read More »)

- South Asia: Analysis and Research
Compilation of all the World Bank's publications on South Asia, with 'search' options and links to analysis and research on other South Asian countries. (Read More »)

- World Bank Program in South Asia
Launching pad to all information on World Bank activities in Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.(Read More »)

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