The Government of Bangladesh has signed a $270 million loan agreement with the World Bank to support the “B-Strong” initiative aimed at post-flood recovery. The funds will be used to repair damaged roads, embankments, and provide rehabilitation aid to affected communities following last year’s devastating floods. The loan includes a 5-year grace period and is repayable over 30 years. It carries a 0.75% annual service charge and 1.25% interest rate, with a 0.5% maximum commitment fee on undisbursed funds.