The World Bank may provide $2 billion, or 200 crore dollars, in aid to Bangladesh for key projects, including those in the health and energy sectors, according to Martin Raiser, vice president for the South Asia region at the global lender.
Raiser made the statement following a meeting with Finance and Commerce Adviser Salehuddin Ahmed at the secretariat on Thursday (19 September).
While the decision is not yet finalised, Raiser emphasised that the approval would come from the Board of Directors.
"I cannot make any commitments at this stage, but I can say we are keen to support Bangladesh in various areas. We estimate that more than $2 billion will be provided in the current fiscal year. Additionally, we will extend further assistance based on the government's requirements for other projects," he remarked.
Raiser also mentioned that discussions with the Adviser had covered structural reforms, including banking sector improvements. The World Bank aims to support Bangladesh's interim government in these initiatives.
"The World Bank has been a longstanding partner of Bangladesh. In fact, Bangladesh is our largest and closest partner in the region, and we wish to continue this partnership," Raiser added.
The meeting was also attended by Abdulaye Seck, the World Bank's country director for Bangladesh.
