Wednesday, 08 January, 2025
Wednesday, 08 January, 2025

WB to continue support for key reform initiatives, Seck tells CA 

Diplomatic Correspondent, dhakadiplomat.com
  23 Dec 2024, 21:57

Outgoing World Bank Country Director to Bangladesh Abdoulaye Seck today promised the World Bank's support for key reform initiatives that the Bangladesh interim government has undertaken.
Seck made the pledge when he paid a farewell call on Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna here.
Prof Yunus thanked Seck, who is retiring in January, for support during his tenure at World Bank-supported projects in critical sectors like infrastructure, climate resilience, service process digitalisation, education, healthcare and poverty alleviation.
Seck told the Chief Adviser that on December 19, the World Bank approved nearly US$ 1.2 billion in three financings to help Bangladesh build climate resilience and environmental sustainability while improving health, nutrition, and water and sanitation services in Chattogram city. 
Prof Yunus wished Seck and his family good health on his retirement.
On Sunday, the Economic Relations Division (ERD) and the World Bank signed two financings totalling US$ 900 million.
 
One of the projects will develop secondary cities by constructing climate-resilient and gender-responsive infrastructure along the economic corridor from Cox's Bazar in the south to Panchagarh in the north.
The other financing, a US$ 500 million development policy credit to support green growth, will be disbursed to the national treasury by this month.
The World Bank’s development portfolio stands at about US$ 45 billion since 1972 , which has made a significant contribution to the development trajectory of Bangladesh, particularly in reducing poverty, ensuring sustained economic growth, and improving education, health, and disaster management.
Special Envoy to Chief Adviser Lutfey Siddiqi, senior secretary for SDG affairs Lamiya Morshed and ERD secretary Md Shahriar Kader Siddiky were, among others, present.

Comments

  • Latest
  • Popular

Strong tremor kills 126 in Tibet

Khaleda Zia leaves for London for advanced treatment

Death toll from quake in China's Tibet rises to 95: state media

Death toll from quake in China's Tibet jumps to 53: state media

Powerful tremors shake Nepal's capital Kathmandu

Tremor jolts Dhaka, other parts of country

July Uprising Directorate will be set up by next month: Nahid

 Canadian Prime Minister Trudeau resigns as Liberal Party leader

CA asks BEPZA to promote Bangladesh abroad

E-passport will be available for all by this year: Home Adviser

১০
ADB to Provide $1 Billion Annually for Bangladesh’s Inclusive Development.
Asian Development Bank (ADB) Country Director Hoe Yun Jeong met with Syeda Rizwana Hasan, Advisor
JBCCI, IDE-JETRO for strengthening Japan-Bangladesh trade ties
The Board of Directors of the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) hosted an
World Bank slashes Bangladesh growth forecast to 4% for FY25
Bangladesh's economy is expected to grow 4 percent in the current fiscal year ending in
Govt seeks WB-IMF support for reform & development
Adviser of the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed