23rd January 2023

PM tells World Bank Managing Director for Operations

Bangladesh's Prime Minister Sheikh Hasina today (January 23, 2023) urged the World Bank and other international organizations to strengthen their support for countries hit hard by the Covid-19 pandemic, Russia-Ukraine war, and climate change. Report UNB


The PM said this when World Bank Managing Director for Operations, Axel van Trotsenburg, paid a courtesy call on her at her office this morning.


PM’s speechwriter Md Nazrul Islam briefed reporters after the meeting.


Sheikh Hasina said that Bangladesh had achieved an impressive 8-plus percent GDP growth before Covid-19 broke out, but it declined due to the pandemic. When Bangladesh was regaining the growth momentum, it was hit hard again by the Russia-Ukraine war.


Developing countries like Bangladesh are dealing with the challenges brought about the economic fallout, including soaring food and fuel prices, she said.


The PM focused on her government’s measures and endeavours to fight the climate change, including projects undertaken with financing from Climate Trust Fund, to mitigate the adverse impacts by creating green-belt, afforestation, sustainable housing and livelihood.


She said developed countries shares responsibility for climate change but unfortunately, they are not complying with their commitments to assist the climate vulnerable countries.



The World Bank Managing Director praised Prime Minister Sheikh Hasina for Bangladesh’s incredible development journey under her leadership.


The per capita income in Bangladesh was only some US $50 in 1972, which is now US $2824, he added.


Talking about the current context, Axel van Trotsenburg said that developing countries like Bangladesh need to create employment opportunities for youths to face the current challenges caused by the Covid-19 pandemic and Russia-Ukraine war.


Employment generation is also needed for accomplishing the Sustainable Development Goals (SDGs), he added.


He said the World Bank has been assisting Bangladesh since 1972 and will continue to stand beside the country.


“I’ve come here to strengthen the World Bank’s partnership with Bangladesh,” said the WB senior official.


About the development of Bangladesh, Sheikh Hasina said the country has gained fast development in the last 14 years thanks to the continuation of political stability, the government’s tireless efforts to implement its political visions and its desire to work for the people.


PM’s International Affairs Adviser Dr Gowher Rizvi, Ambassador-at-Large Mohammd Ziauddin, PM’s Principal Secretary M Tofazzel Hossain Miah, and Finance Senior Secretary Fatima Yasmin were present at the meeting.

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