Medical &Health

WB Vice President arrives in city for week-long visit

Hartwig Schafer, vice president of World Bank

(WB) for the South Asian Region, arrives in the capital this afternoon on a

week-long visit to further deepen the longstanding partnership between

Bangladesh and the World Bank Group.

During his first visit to Bangladesh since assuming his position on July

1, 2018, Schafer will also discuss how to help the country cope with the

Rohingya crisis.

Bangladesh has a remarkable story of cutting extreme poverty to half in

record time. Other countries can learn from its many development innovations

and successes. I look forward to meet our partners and see firsthand the

country's journey to economic growth, Schafer said prior to his visit to

Bangladesh.

Despite its own challenges, Bangladesh has shown great generosity by

sheltering nearly one million Rohingya people. The World Bank is working

closely with the government to help address the needs of Rohingya until their

safe return to Myanmar and help build the country's capacity to deal with the

crisis, he added.

Schafer plans to visit the Rohingya refugee camps and meet with local

government officials and representatives from civil society and non-

governmental organisations during a visit to Cox's Bazar.

The World Bank has mobilized up to US$400 million grant terms to help

Bangladesh deal with the crisis. It has also approved one of two operations�

adding about US$75 million in grant� to provide health services and

education to the Rohingyas, many of whom are children, youth or women.

Schafer is also scheduled to meet with senior government officials,

including the Finance Minister and the Water Resources Minister, as well as

the private sector and civil society leaders.

He will also take part in the launch of a new World Bank report titled

South Asia's Hotspots: The Impact of Temperature and Precipitation Changes

on Living Standards and also visit the World Bank supported project, which

is upgrading a unit in the Ghorashal power station to more than double the

unit's electricity generation capacity.

Before joining the South Asian Region, Schafer served as the Vice

President for Global Themes and as Vice President for Operations Policy and

Country Services. He led several key reforms, including the rollout of the

World Bank's new policies on procurement, environmental and social safeguards

and innovation of the Bank's lending and knowledge instruments.

Previously, Schafer also served as World Bank's Country Director for

Djibouti, Egypt and Yemen.

Source: Bangladesh Sangbad Sangstha (BSS)