Transparency International Bangladesh (TIB) has expressed deep concern over the loan proposal given by the World Bank (WB) to Bangladesh in order to meet the challenges of ongoing Rohingya crisis, claiming it should instead be offering grants. The TIB director termed this proposal as nothing but an attempt to expand its usury in the name of assistance during a humanitarian crisis. “Bangladesh has no reason to bear this burden alone; nor does it have the capacity,” the TIB executive director further said. He also urged the World Bank to use its position, being one of the largest donors of Myanmar, to push Myanmar to bring back its nationals. After the meeting, the finance minister told the journalist that only half of the assistance may possibly be received as grants.

Source: Dhaka Tribune October 27, 2017 16:52 UTC