One of the first things Banga would have to tackle is reforming and modernising the institution, something that stakeholders have asked for across sectors.
The global lender says in its latest report on Bangladesh development update
We cannot continue to allow wealthy countries to externalise the damage of their pollution spree.
Regulators must be willing to adopt a vision for Bangladesh that is more technology and productivity based.
Bangladesh’s economic leadership must devote its integrity to ensuring quality growth along with lower income inequality.
The World Bank has projected 7.2 percent GDP growth for Bangladesh in the 2019-20 current fiscal year while 7.3 percent in the following fiscal year.
Emerging and developing economies are less well positioned to withstand a deeper global downturn, should it occur, than they were before the 2009 global recession, the World Bank says.
The Bangladesh economy is forecast to achieve the second highest growth rate this fiscal year in South Asia, the World Bank said in its biennial regional economic update yesterday.
The World Bank has approved a loan of $100 million to increase access to improved water supply and sanitation system in 30 municipalities in Bangladesh as well as to help build their capacity for delivering water and sanitation services.