World Bank reaffirms support to Bangladesh for inclusive growth
Nov 15, 2022
Dhaka (Bangladesh), November 15: The World Bank Vice President for South Asia Martin Raiser has reaffirmed the bank's continued support to help Bangladesh navigate through the current economic challenges and achieve resilient and inclusive growth.
"We're ready to lend our full support to these efforts at this challenging time," he said after meeting with Prime Minister Sheikh Hasina during his visit to the South Asian country which concluded on Sunday.
Raiser said that the impacts of the Russia-Ukraine conflict, the COVID-19 pandemic, and the climate crisis have created unprecedented challenges for the global economy. "Every country is struggling to cope, and Bangladesh is no exception."
Bangladesh can sustain rapid growth by strengthening macro, fiscal and financial sector reform and continuing investment in human capital and climate resilience, according to him.
During his three-day stay in the country, the world bank official also met with Bangladesh's finance minister and the Bangladesh Bank governor and discussed policy measures to build economic resilience.
Source: Xinhua
