World Financial institution a key associate of Bangladesh’s financial progress: Finance minister

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Finance Minister AHM Mustafa Kamal on Sunday praised the World Financial institution for its continued help in direction of Bangladesh’s growth.

He stated Bangladesh’s progress has elevated by 74 instances since 1972, and the World Financial institution had a job to play behind it.

“After independence, the nation’s GDP progress was solely $6.3 billion, which has now elevated to $465 billion,” he stated.

Kamal stated this whereas talking because the chief visitor because the World Financial institution and Bangladesh celebrated its 50 years of partnership on the Bangabandhu Worldwide Convention Centre (BICC) within the capital on Sunday.

The finance minister additionally stated that Bangladesh is at present the thirty fifth largest economic system, and the poverty fee has come down to twenty%, per capita earnings elevated to $2,824 and common life expectancy elevated to 73 years.

Highlighting the long run plans, the finance minister stated, “Our subsequent goal shall be to show Bangladesh into an upper-middle earnings nation by 2031, and a Good Developed Bangladesh in 2041.”

World Financial institution Managing Director (Operation) Axel van Trotsenburg, World Financial institution South Asian Area Vice-President Martin Riser, Financial Relations Division Secretary Sharifa Khan, and World Financial institution Nation Director for Bangladesh and Bhutan Abdoulaye Seck, amongst others, spoke on the perform.





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