Five financing agreements worth over 1.1 billion have been signed between the World Bank and Bangladesh

Current Context: The World Bank and Bangladesh signed five financing agreements worth over $1.1 billion on November 23, 2023.

The agreements aim to support the country’s efforts to improve social protection, urban governance, nutrition, climate resilience, and access to quality health care.
The World Bank is one of the largest development partners of Bangladesh, with a total commitment of $14.1 billion as of June 2023.
The five projects that received financing are: Bangladesh Social Protection Reform and Strengthening Project ($300 million), Bangladesh Municipal Development Fund Project ($150 million), Bangladesh National Nutrition Services - Additional Financing ($100 million), Climate Resilient Agriculture and Food Systems Program ($250 million), and Health Sector Support Project ($300 million).
The World Bank has been providing concessional loans and grants to Bangladesh since 1972.
The Bank’s assistance has supported the country’s remarkable progress in reducing poverty, improving human development, enhancing economic growth, and addressing climate change.

Question:

Q.1 How much financing did the World Bank and Bangladesh sign on November 23, 2023?
a. $1.1 billion
b. $1.25 billion
c. $14.1 billion
d. $37 billion