World Bank Vice President for South Asia, Martin Raiser, has arrived in Dhaka for a two-day visit aimed at strengthening ties with Bangladesh's interim government.
The visit is intended to further enhance the partnership between the World Bank and Bangladesh, which has been instrumental in the country's development since its independence.
During his visit, Raiser will meet with key officials, including the Chief Adviser of the Interim Government, the Finance Adviser, the Energy Adviser, and the Governor of Bangladesh Bank, among others. These meetings will provide an opportunity to discuss and strategize on how to continue supporting Bangladesh's development goals.
Bangladesh currently benefits from the largest ongoing program under the World Bank Group's International Development Association (IDA), which highlights the critical partnership between the country and the institution.
The World Bank has committed approximately $44 billion in support to Bangladesh, primarily through grants and concessional credits. This financial assistance has played a significant role in driving the country's progress and improving the lives of its people.
Overall, the visit of Martin Raiser underscores the importance of the World Bank's relationship with Bangladesh and its commitment to supporting the country's development efforts.