World Bank would provide US$100m to Bangladesh in the first phase as budgetary support to help the country build food security.

The assurance came yesterday after a meeting between WB Vice President for South Asia Region Isabel Guerrero and Finance Adviser Dr AB Mirza Azizul Islam at Planning Commission office in the city.

Later, World Bank Country Director Xian Zhu told reporters they would provide the amount in the first phase but it would be increased further in phases.