May 27, 2025 1:19 pm
Full News

World Bank Secures $100 Billion for Development Aid to Low-Income Countries

The World Bank and partner governments have announced a $100 billion commitment to replenish the International Development Association (IDA), the world’s largest provider of development financing for low-income countries. This historic funding milestone, known as IDA21, will support initiatives in 78 countries, focusing on building climate resilience, creating jobs, and improving access to education and healthcare.

The replenishment, achieved with contributions from donor governments, underscores global solidarity in addressing challenges faced by vulnerable nations. World Bank officials emphasized that the funds will build on past progress and help drive sustainable development in some of the world’s poorest regions.

“This $100 billion commitment marks a major step forward in improving lives and creating opportunities in low-income countries,” the organization stated.

Related News
Trump Threatens Sanctions on Russia Until Peace in Ukraine
Are Farzana Rupa, Shakil Ahmed, and Other Seasoned Journalists’ Cases Finally Getting Congressional Attention?
Tripura Considering Suspension of Trade Relations with Bangladesh: Chief Minister 
Liverpool’s Van Dijk blames referee after Tottenham defeat
The Vivienne and RuPaul’s Drag Race UK Winner, Passes Away
Protests Disrupt U.K. Screenings of Kangana Ranaut’s ‘Emergency’
Related Posts
Kremlin Says Russian Peace Proposal for Ukraine Still in Progress
Elon’s ‘Paranoid’ About Tesla’s Robotaxi Rollout — And Rightfully So
Doctor Arrested from Operating Theater During Treatment of Critically Ill Pregnant Patient in Bangladesh
India Revives 1971 War-Era Air Base to Counter China-Bangladesh Military Nexus
2.1 Million Jobs Lost in First Half of FY25 — 86% Were Women in Bangladesh: CPD
Trump Administration Imposes Stricter Press Restrictions at the Pentagon
More News

Complete Solution to Inflation Difficult Without Elected govt: Finance adviser of Bangladesh

Finance adviser Salehuddin Ahmed has said that it is difficult to fully solve inflation before the elected government comes to power. At the same time, he blamed extortion as a major reason behind the failure to control high inflation. The financial adviser said this in an interview with BBC Bangla on Sunday (February 2). Through […]

Trump Urges OPEC and Saudi Arabia to Slash Oil Prices Amidst Geopolitical Tensions

President Donald Trump has once again taken to the global stage, this time targeting OPEC and Saudi Arabia specifically, with a clear and direct demand to reduce oil prices. His statement came hot on the heels of a telephone conversation with Saudi Crown Prince Mohammed bin Salman, where Trump underscored his frustration with the current […]

Trump Sparks Controversy with AI-Generated Image of Himself as Pope

Trump Sparks Controversy with AI-Generated Image of Himself as PopeWashington, May 3 – Former U.S. President Donald Trump has ignited a wave of criticism after posting an AI-generated image of himself dressed in papal regalia on his Truth Social platform—just 11 days after the death of Pope Francis.The image depicts Trump wearing white robes, a […]

Best New Artist Grammy Winner Chappell Roan Criticizes Music Industry

At the 2025 Grammy Awards, Chappell Roan took home the coveted award for Best New Artist and used her acceptance speech to address an issue close to her heart: the treatment of developing artists within the music industry. Roan, who was presented with the award by 2024’s winner Victoria Monet, thanked her fellow nominees, acknowledging […]

US Secretary of State Calls Pakistan’s Army Chief, Urges De-escalation

US Secretary of State Marco Rubio has spoken over the phone with Pakistan’s Army Chief General Asim Munir. A spokesperson from the US State Department confirmed that the conversation took place on Friday (9 May). During the call, Rubio urged both India and Pakistan to find a path to reduce tensions. According to the spokesperson, […]

Bomb Attack at Thai Festival Leaves Three Dead, Dozens Injured

A tragic explosion at the annual Red Cross Doi Loyfa fair in Umphang district, Thailand’s northern Tak province, has left at least three people dead and dozens injured. The attack, which occurred late Friday night, shocked attendees and raised concerns over public safety at festive gatherings.Details of the IncidentThe explosion occurred around 11:30 p.m. local […]

Trump Announces Withdrawal of Security for Biden and Several Others

U.S. President Donald Trump has announced the withdrawal of state security privileges for his predecessor, Joe Biden, Vice President Kamala Harris, and several key officials from the Biden administration, along with senior leaders of the Democratic Party. In a statement posted on his social media platform, Truth Social, on Friday, Trump declared that a list […]

Keys Defeated Shiaotek In A Thrilling Final Before Sabalenka

Thrill and excitement spread after the match. After a grueling first set loss, Madison Keys bounced back with a bang. In the next set, he ignored his opponent. The fight in the last set was intense. In the end, where is the victory? He reached the final of the Australian Open by defeating five-time Grand […]

Thousands Join Tiranga Yatra to Honor Indian Armed Forces and Operation Sindoor

New Delhi, May 18 (ANI): The Bharatiya Janata Party (BJP) organized a grand Tiranga Yatra in the national capital on Sunday, celebrating the valor of the Indian Armed Forces and the success of Operation Sindoor. Delhi Minister Kapil Mishra, who led the event, lauded the forces for their decisive actions across the border.“For the first […]

Beijing’s Calculated Response: Can China and the US Steer Clear of a Full-Scale Trade War?

As tensions between the United States and China escalate with new tariff impositions, the world watches closely to see if the two largest global economies can avoid a full-scale trade war. Beijing’s recent decision to implement retaliatory tariffs on selected American imports marks a significant moment in the ongoing economic standoff between these superpowers. Beijing’s […]