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World Bank reaffirms support to Bangladesh for inclusive growth

 Update: 06:13, 6 December 2022

World Bank reaffirms support to Bangladesh for inclusive growth

The World Bank Vice President for South Asia Martin Raiser has reaffirmed the bank's continued support to help Bangladesh navigate through the present economic challenges and achieve resilient and inclusive growth.

'We are ready to lend our full support to these efforts at this challenging time_' he said after meeting with Bangladesh's Premier Sheikh Hasina during his visit to the South Asian country which concluded on Sunday.

World Bank Vice President said that the impacts of the Russia-Ukraine conflict_ the coronavirus pandemic_ and the climate crisis have created unprecedented challenges for the global economy. 'Every country is struggling to cope_ and Bangladesh is no exception.'

Bangladesh can sustain rapid growth by strengthening macro_ fiscal and financial sector reform and continuing investment in human capital and climate resilience_ according to Martin Raiser.

During his three-day stay in the country_ the world bank official also met with Bangladesh's finance minister and the Bangladesh Bank governor and discussed policy measures to build economic resilience.

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