World Bank's (WB) new Vice President for South Asia, Martin Raiser concluded his maiden trip to Bangladesh on Wednesday and underlined the organisation's ongoing support for the nation's green, resilient, and inclusive growth.
“We remain committed to helping Bangladesh achieve its growth aspirations. This will require timely policy actions to build strong public institutions, improve competitiveness, ensure climate resilience, and strengthen external and fiscal buffers," said Raiser.
Raiser met with the Finance Minister AHM Mustafa Kamal and commended the government for the rapid post-Covid recovery, a press release said.
“To continue its growth trajectory and enhance macroeconomic stability amid uncertainties and rising inflation, Bangladesh needs to stay the course on the reform priorities set out in its national plans,” Raiser added.
The World Bank Group is preparing its new Country Partnership Framework (CPF) for Bangladesh, which will guide its support to the country from 2023-2027. In his meetings with the government and other stakeholders, Raiser discussed how the World Bank support can be best aligned to help Bangladesh realize its vision of being an upper middle-income country by 2031.
“Other countries can learn from Bangladesh’s development experience,” said Raiser. “The World Bank is committed to help the country remain on a sustainable and inclusive growth path.”
During the visit, he also met with Prime Minister’s Advisor Salman F Rahman, Bangladesh Bank Governor Abdur Rouf Talukder, and senior government officials, as well as representatives from the private sector, civil society, and development partners.
