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World Bank backs Bangladesh’s reforms

  • Bizbd Report
  • Update Time : 06:24:39 pm, Thursday, 19 September 2024
  • 104

The World Bank vice-president for South Asia, Martin Raiser, meets with the chief adviser Muhammad Yunus at his office in Dhaka on Thursday -PID

The World Bank vice-president for South Asia, Martin Raiser on Thursday concluded his visit to Bangladesh, affirming the bank’s commitment to supporting critical reforms for inclusive and sustainable growth.

During his discussions with Chief Adviser Muhammad Yunus, Raiser highlighted a $2.3 billion program aimed at enhancing economic resilience, recovery from recent floods, and improving public services and the clean energy sector, according a press release issued by the World Bank.

Raiser emphasized the need for reforms to better govern the economy and create jobs for the 2 million youths entering the workforce annually.

He also expressed condolences for the tragic loss of lives in July and August and confirmed the Bank’s discussions with the health ministry for providing treatment of the critically injured students and affected individuals.

Appreciating Bangladesh’s continued support for displaced Rohingya, Raiser noted a recent approval of $700 million for them and host communities.

Meetings with other government officials focused on strengthening economic resilience, financial stability, and governance.

Raiser underscored the availability of substantial resources from existing projects to address urgent national priorities and foster sustainable growth.

‘Bangladesh has the opportunity to implement critical reforms that were unaddressed for a longtime. Through existing and new investments, we are focusing on improving economic governance and creating more and better jobs for the 2 million Bangladeshi youth entering the job market every year, said Raiser.

World Bank backs Bangladesh’s reforms

Update Time : 06:24:39 pm, Thursday, 19 September 2024

The World Bank vice-president for South Asia, Martin Raiser on Thursday concluded his visit to Bangladesh, affirming the bank’s commitment to supporting critical reforms for inclusive and sustainable growth.

During his discussions with Chief Adviser Muhammad Yunus, Raiser highlighted a $2.3 billion program aimed at enhancing economic resilience, recovery from recent floods, and improving public services and the clean energy sector, according a press release issued by the World Bank.

Raiser emphasized the need for reforms to better govern the economy and create jobs for the 2 million youths entering the workforce annually.

He also expressed condolences for the tragic loss of lives in July and August and confirmed the Bank’s discussions with the health ministry for providing treatment of the critically injured students and affected individuals.

Appreciating Bangladesh’s continued support for displaced Rohingya, Raiser noted a recent approval of $700 million for them and host communities.

Meetings with other government officials focused on strengthening economic resilience, financial stability, and governance.

Raiser underscored the availability of substantial resources from existing projects to address urgent national priorities and foster sustainable growth.

‘Bangladesh has the opportunity to implement critical reforms that were unaddressed for a longtime. Through existing and new investments, we are focusing on improving economic governance and creating more and better jobs for the 2 million Bangladeshi youth entering the job market every year, said Raiser.