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
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
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)