As a long-standing partner, World Bank Group President David Malpass has said that they will support Bangladesh as it navigates a challenging global environment on its way to reaching upper-middle-income status by 2031. “I am confident that with the right set of policies and timely action, Bangladesh can achieve its growth aspirations,&rd...
Prime Minister Sheikh Hasina on Monday urged the World Bank and other development partners to find out viable alternatives to help economies like Bangladesh cope better with the stress, caused by the pandemic, armed conflicts and climate emergency. “The ongoing global multiple crises, caused by the pandemic, armed conflicts and climate em...
Prime Minister Sheikh Hasina on Monday blamed the external pressure for the cancellation of $1.2 billion credit the World Bank had committed to financing the iconic Padma Bridge that Bangladesh finally constructed with its own money. "I regret that the World Bank moved away from financing this most important project (Padma Multi-purpose Bridge)...
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), called Bangladesh's economy a 'model' for the world. Foreign Minister AKM Abdul Momen said she made these comments during a courtesy call on Bangladesh Prime Minister Sheikh Hasina at the Riz Carlton Hotel in Washington DC on Saturday. The Foreign Minister sa...
Prime Minister Sheikh Hasina on Thursday said that democracy in Bangladesh is practised only by her party, the Awami League, which has a history of holding free elections. “The Awami League practises a democratic system, and fair democratic practices prevail during the Awami League's rule,” she said. The prime minister, now on a fo...
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