World Bank approves $700 mn for Rohingya crisis in Bangladesh The World Bank 's Board of Executive Directors on Wednesday approved two projects totaling $700 million to provide basic services and build disaster and social resilience for both the host communities and displaced Rohingya population in Bangladesh . Nearly one million Rohingyas have fled violence in Myanmar to Bangladesh since 2017, making it one of the largest forced displacement crises in the world, it said in a media release. World Bank Country Director for Bangladesh and Bhutan Abdoulaye Seck said that the World Bank greatly appreciates the Government of Bangladesh's generosity in supporting nearly one million Rohingya people.
"We also recognize the enormous pressure placed on the host communities. With the crisis entering its seventh year, long-term planning and sustainable solutions have become critical, while also addressing short-term, urgent needs. We are fully committed to supporting the Government of Bangladesh to address this complex crisis and support the wellbeing of both the Rohingya and host communities.
" The $350 million Inclusive Services and Opportunities for Host Community and Displaced Rohingya Population Project and the $350 million Host and Rohingya Enhancement of Lives Project will together provide support to the Bangladeshi host communities and the Rohingya people as this crisis enters its seventh year. The interventions supporting the Rohingya population will be financed by the World Bank.