Dhaka, March 19 (TIWN) The World Bank on Thursday has approved a loan of $200 million to help the low-income urban youths in Bangladesh impacted heavily by the Covid-19 pandemic and the involuntary returnee migrants to improve earning opportunities and resiliency.

The Recovery and Advancement of Informal Sector Employment (RAISE) project will help about 175,000 poor urban youth and low-income micro-entrepreneurs enhance employability and productivity by helping them access services such as life-skills training, apprenticeship programs, counselling, micro-finance, and self-employment support, the lender said in a statement.