The World Bank Vice President for South Asia, Martin Raiser, concluded his visit to Bangladesh on February 13, 2025. During the visit, he reaffirmed the World Bank's commitment to supporting economic reforms in Bangladesh aimed at inclusive and sustainable growth.
Raiser held discussions with Professor Muhammad Yunus, the Honorable Chief Adviser of the Interim Government. He emphasized the World Bank's dedication to aiding Bangladesh in achieving economic stability, job creation, climate resilience, and enhanced public services.
In his meetings with government officials and representatives from civil society and the private sector, Raiser provided updates on ongoing and planned support from the World Bank. He highlighted that this political transition period presents an opportunity to advance governance and transparency improvements crucial for a fairer Bangladesh.
"The World Bank is supporting the government on a range of reforms to increase transparency and accountability: in bank resolution and asset recovery, in tax policy and revenue collection, in procurement and auditing and in strengthening the quality and independence of national statistics. These reforms will help create a level playing field and boost business and people’s confidence over the medium-term," stated Raiser.
New lending initiatives are being prepared by the World Bank to assist with recovery efforts following the September 2024 floods. Additionally, these initiatives aim to alleviate pressures within the energy sector, establish a modern social assistance system, and tackle increasing air pollution levels in Dhaka.
Raiser's visit included meetings with key figures such as the Honorable Finance Adviser, Energy Adviser, Bangladesh Bank Governor, NBR Chairman, as well as members of civil society and private sector representatives. The discussions focused on addressing pressing challenges facing Bangladesh's development priorities.