What happened
The World Bank approved $1.1 billion for two Bangladesh projects designed to respond to global fertilizer and fuel price pressures.
A $300 million food-security operation will support fertilizer imports for the Aman and Boro production seasons.
Why it matters
The wider package is intended to protect vulnerable households, jobs and livelihoods while helping maintain essential services.
The financing adds a major multilateral development component to Bangladesh's response to external economic shocks.