World Bank emphasises further reforms in financial sector: finance minister

By Star Business Report
18 January 2024, 10:37 AM
UPDATED 18 January 2024, 21:58 PM

Finance Minister Abul Hassan Mahmood Ali said the World Bank has emphasised further reforms in the financial sector of Bangladesh.

The Washington-based multilateral lender is willing to provide support for the overall economic development of the country, he said.  
He made the remarks after a meeting with World Bank Country Director Abdoulaye Seck at the finance ministry today.

The World Bank was among the first development partners to support Bangladesh and has committed about $40 billion in grants, interest-free and concessional credits to the country since its independence.