Bangladesh to Finalize World Bank Partnership Agreement

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Bangkok:Bangladesh is preparing to sign a new country partnership framework agreement with the World Bank. A government delegation is expected to meet with the global financial institution in the next two to three weeks to finalize the agreement's terms.

According to Bangladesh Sangbad Sangstha, Amir Khosru Mahmud Chowdhury, the Finance and Planning Minister, stated that while there are no significant disagreements on fundamental policy issues, the final details will be determined through discussions under a joint action plan.

Chowdhury made these comments at a briefing during the annual meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok. Earlier, he met with representatives from Bank of America, Google, the IMF, Standard Chartered Bank, and Moody's at the Sirikit International Convention Centre. The talks focused on Bangladesh's economic situation, debt issues, financial sector reforms, and other related matters.

The minister emphasized the importance of this year for Bangladesh, noting that international organizations have recognized its significance. The World Bank, IMF, and other international development partners, including the Asian Development Bank (ADB), are working closely with Bangladesh to support its economic development and address global challenges.

Chowdhury reaffirmed the government's commitment to implementing its election manifesto and development programs, mentioning that a specific five-year development framework is being prepared. He expressed hope that the World Bank and IMF leaders would continue to offer support and foster joint efforts with Bangladesh to meet public expectations and ensure sustainable development.