Tuesday, 28 September, 2021
E-paper

WB reassures Bangladesh of continuing assistance

  • Diplomatic Correspondent
  • 31st July, 2021 12:00:00 AM
  • Print news
WB reassures Bangladesh of continuing assistance
Private Industry and Investment Affairs Adviser to the Prime Minister Salman Fazlur Rahman and World Bank’s Managing Director (Operation) Axel van Trotsenburg along with others pose for a photo after a meeting at the WB headquarters in Washington DC on Wednesday. —SUN PHOTO

A top official of the World Bank (WB) has acknowledged Bangladesh’s remarkable economic development and growth.

He reassured that the WB’s assistance in Bangladesh’s economic prosperity will continue unabated.

World Bank’s Managing Director (Operation) Axel van Trotsenburg made the remark during a meeting with a high-powered Bangladesh delegation led by Private Industry and Investment Affairs Adviser to the Prime Minister Salman Fazlur Rahman on Wednesday. 

The meeting held at the WB headquarters’ in Washington DC was also attended by other high-ranking officials of the global lending body, said the Bangladesh Embassy in Washington DC on Friday.

In the meeting, Salman F Rahman highlighted Bangladesh’s unprecedented economic development under the leadership of Prime Minister Sheikh Hasina, reiterating that Bangladesh’s economy was on a solid footing.

In particular, he noted that Bangladesh’s economic performance and the GDP growth of 5.24 percent despite the global pandemic induced by the Covid-19 was duly acknowledged across the board, which underscored Bangladesh’s macro-economic capability and resilience.

The other delegates were Abdur Rouf Talukder, Senior Secretary, Finance Division of the Ministry of Finance; Executive Chairman of Bangladesh Investment Development Authority (BIDA); Secretary of the Ministry of Commerce, Secretary of Economic Relations Division (ERD) and Chairman of the Securities and Exchange Commission.

In another meeting, the Bangladesh delegation led by Salman F Rahman met IFC’s South Asia Vice President and the World Bank’s acting South Asia Vice President.

Both sides agreed to accelerate cooperation in crucial areas, including Bangladesh’s reform efforts regarding ease of doing business, BIDA’s institutional capacity enhancement, and skills and human resources development.