Bangladesh, June 29 -- The World Bank approved $1.1 billion for two projects to help Bangladesh mitigate the price and supply volatility in the global fertilizer and fuel markets, sustain food security, and enable rapid response. The Emergency Support for Food Security Project ($300 million) will provide time-bound financing to help Bangladesh import fertilizers critical for the Aman and Boro seasons in July-October 2026 and October 2026-April 2027, respectively. The country imports more than 85% of its fertilizer requirements. The project will finance imports of 600,000 metric tons of critical fertilizers, half of which would be Urea, covering 1,400,000 hectares of rice production cultivated by smallholder farmers. The Contingent Emergency...