World Bank president Robert Zoellick has assured the government of Bangladesh it will continue to help the country and its people address poverty.
A Bank-supported agricultural technology project worth US$65 million (334 mio. d.kr.) is in the final stage of approval and will be replicated and continued for the next 15 years.
Almost 34 percent of Bangladesh’s 150 million people live below the poverty line, on less than $1 a day.
GLÆDE MED BETINGELSER
– We expect enhanced budgetary support from the World Bank through increased transitional credit and project financing to meet the current challenges, Bangladesh’s Finance and Planning Adviser Mirza Azizul Islam told reporters after meeting Zoellick.
– We placed our priorities before the World Bank president and urged him for faster implementation of support in the power sector the World Bank pledged earlier.
The president also gave assurance in this regard but stressed the need for necessary policy reforms in the power sector, Aziz said.
The World Bank is the largest single lender to Bangladesh, providing just less than 50 percent of its development loans.
Kilde: www.irinnews.org
