The World Bank will provide 7 billion taka (about 1 million US dollars) for repairing Bangladesh' s flood-control dams damaged by cyclone Sidr and 3 billion taka (about 429,000 US dollars) for constructing shelter centers.
Visiting Managing Director of the World Bank Ngozi Okonjo-Iweala disclosed the aid plan while visiting the Sidr-affected Putuakhali district, 160 km south of capital Dhaka, on Wednesday, private news agency UNB reported.
The local people told the WB official how they saved themselves from the devastating cyclone that hit the country on November 15 last year. The cyclone left thousands people dead and millions homeless.
Iweala arrived in Dhaka on Sunday for a four-day visit to get an in-depth view on key challenges facing the country and its potential to overcome them.
(Xinhua News Agency March 20, 2008)