The New Nation - Internet Edition

NATION BUSINESS REPORT

The government has signed an agreement involving an amount of 35 million US dollar with the World Bank on Sunday at the Economic Relations Division against "Disability and Children at Risk" project.

Mohammad Mejbahuddin, Additional Secretary, Economic Relations Division Ministry of Finance and Mohiuzzaman Quazi, Acting Country Director, World Bank, Dhaka Office signed the Financing Agreement on behalf of the Government of Bangladesh and the World Bank respectively.

The objectives of the project are to expand the social and rehabilitation services for people with disabilities and build the capacities of NGOs/DPOs (disable People Organization) and Jatiyo Protibondhi Unnayan Foundation (JPUF) and to improve access to and the quality and relevance of services for the children at risk in selected cities of Bangladesh.

The project would reform and strengthen the JPUF to become a center of excellence for contracting disability services, promotion/ awareness building, research, monitoring and evaluation and establishing good practices.

The project would focus on early detection and intervention as well as prevention and community based rehabilitation (CBR) of disabled people in the project areas.

Under the credit, Bangladesh will receive US$ 35 million from the World Bank in usual terms and condition of the World Bank (0.75 percent service charge on withdrawn amount, 0.50 percent commitment charge on un-withdrawn balance, 40 years of repayment period including 10 years of grace period.