WB Approves $200M to Help Poor Urban Youths, Migrant Returnees

Source: The Daily Star

The World Bank approved $200 million to help Bangladesh provide support and services to the low-income urban youths impacted by the ongoing pandemic and the involuntary migrant returnees to improve their earning opportunities and resilience.

The Recovery and Advancement of Informal Sector Employment (RAISE) project will help about 175,000 poor urban youths and low-income microentrepreneurs enhance employability and productivity. The project will help by providing them with life-skills training, apprenticeship programs, counselling, microfinance and self-employment support, the WB said in a statement last week.