$102.2 Million USD IDA Credit for Bangladesh's Water Sector

— The World Bank has approved a $102.26 million USD credit to support Bangladesh's efforts to improve national water resources management. The Water Management Improvement Project is designed to enhance water management by expanding the role of local communities from planning and design to operations and management. "This project will support rehabilitation and improvement of existing flood control, drainage, and irrigation schemes, which will reduce the vulnerability to future natural disasters," said Xian Zhu, World Bank Country Director for Bangladesh. "We have just learned from the recent devastating floods that management of water resources is critical to mitigate the impact of floods," he said...