"If we can take good projects, others would be interested to provide funds...money will come from bilateral donors," he told the news agency on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund at Suntec Singapore.

"They (Bretton Woods Institutions) should not give any policy prescription. They should support our own policies," he said.

Salehuddin was critical of World Bank President Paul Wolfowitz for making "hue and cry" against corruption and governance, and stopping disbursements to Bangladesh under the criteria.

"Well, we too want corruption in our country to go, but still we can question whether the World Bank has the mandate to do that," he said.

His observation came amid rising voice of the developed countries against the World Bank and IMF at the plenary session, as the BWIs could not properly utilise the funds they contributed for poverty alleviation.

British Secretary of State for International Development Hilary Benn strongly criticised the BWIs and apprised that the British government would have to step back from funding the institutions unless it improves governance within themselves.Several members, including Britain, France and Germany, were worried for tagging restrictive conditions to development assistance.

"The developed countries started raising their voice against... they (BWIs) will be pressurised," the central bank governor said.

In her plenary address, Indonesian Finance Minister Mulyani Indrawati came down heavily on the BWIs and called for investigation into the BWIs to have a test in their governance status.

She also asked for forming a joint investigation committee on corruption and called on the World Bank to be open and transparent.

Indian Finance Minister Chidambaram also criticised the anti-corruption strategy of the BWIs saying, "The strategy is bound to hurt the development process in the countries that need the Bank's assistance... One-size-fits-all strategy will not be appropriate in improving governance."

The Bangladesh Bank governor slammed the World Bank and IMF for the unpredictability in disbursement of loans and said the loans must be time-bound and predictable.

African Development Bank President Kaberuka at a seminar here also laid emphasis on disbursement of loans in a long-term, time-bound and predictable manner if the BWIs really wants to alleviate poverty.

About the IMF reform adopted at the meetings, the Bangladesh Bank governor sees hardly any hope for recent future, at least in the next two yeas, that Bangladesh would get its voice and vote raised.

In the first phase of the reform resolution, the shares of four countriesChina, Korea, Mexico and Turkey have been increased, while measures would be taken in the next two years under the resolution to raise shares of the low-income countries, at least by double. "But the set criteria will not match Bangladesh to get the share raised," Salehuddin said.

He felt, "It would have been better for Bangladesh if the criteria had been measured on the basis of purchasing power parity, growth potential, democracy, human development and equality."

He said the country has advantage in these indicators but the criteria under the new resolution were set on the basis of mainly the GDP.

"We've no immediate interest in this resolution. It should have been done in a comprehensive manner," he added. Some 23 member-countries have voted against the reform.

At the plenary session, policymakers supported plans to root out corruption and promote sound governance in developing countries but cautioned its promoter, WB President Paul Wolfowitz, to keep his eyes on the real prizethe war on poverty.

"We have to stay involved with governments and work with governments, not around them, as long as they are determined to take action against corruption," said Hilary Benn.

"And even when this isn't the case, we should not turn our backs on poor people. After all, the behaviour of some officials or some politicians is not their fault," Benn told a session of the World Bank Development Committee.

Wolfowitz's plan would link the WB's financial aid to commitments by beneficiary countries to good governance, such as transparency in public procurement and anti-corruption measures.

The World Bank in recent months has frozen aid worth hundreds of millions of dollars destined for several countries, such as the Democratic Republic of Congo, in a bid to prod them into cleaning up the management of their public finances.

Wolfowitz said his aim was to attack poverty. "It's very clear and simple that the purpose of this is poverty reduction."