World Bank’s continued support

The World Bank’s new Vice President for South Asia Martin Raiser has reaffirmed the World Bank’s continued support for the country’s green, resilient and inclusive growth. “Bangladesh is a development success story in South Asia, and the World Bank is proud of being a partner in the country's development journey for the past 50 years,” said Raiser.
 
“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,” he said.

During his tour, Raiser met Finance Minister AHM Mustafa Kamal and commended the government for the rapid post-COVID recovery. They discussed the global economic outlook and the implications for economic policies. “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,” he added. During the visit, the World Bank Vice President also met with the Prime Minister’s Private Industry and Investment Adviser 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.

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.