18 September 2024

World Bank Vice President Martin Raiser arrives in Dhaka

By Redoy K

World Bank Vice President for South Asia Martin Raiser began a two-day visit to Dhaka today. He’s scheduled to meet with key officials of Bangladesh’s interim government, including Chief Adviser Prof Muhammad Yunus and Finance Adviser Salehuddin Ahmed. The visit comes as the new government seeks funds from multilateral lenders to stabilize the economy. The World Bank has pledged $3 billion this fiscal year to support reforms. Bangladesh has been a major recipient of World Bank support, with commitments totaling around $44 billion since independence.READ FULL