Risingbd Online Bangla News Portal

Dhaka     Friday   29 March 2024

WB Vice President due in Bangladesh

5 || risingbd.com

Published: 16:13, 22 September 2018   Update: 15:18, 26 July 2020
WB Vice President due in Bangladesh

Staff Correspondent: World Bank (WB) Vice President for the South Asia Region Hartwig Schafer arrives here in Bangladesh on Sunday to discuss how to help the country to cope with the Rohingya crisis and reduce poverty.

Schafer’s visit to Bangladesh will deepen the longstanding partnership between Bangladesh and the World Bank Group, said the Washington-based global lending agency.

A source at the Dhaka office of the World Bank came up with the information on Saturday.

This is Schafer’s first visit to Bangladesh since assuming his position on July 1, 2018.

“Bangladesh has a remarkable story of cutting extreme poverty to half in record time. Other countries can learn from Bangladesh’s many development innovations and successes. I look forward to meet our partners and see firsthand the country’s journey to economic growth,” said Schafer.

Despite its own challenges, Bangladesh has shown great generosity by sheltering nearly one million Rohingya people, said the WB Vice President.

"The World Bank is working closely with the government to help address the needs of the Rohingya until their safe return to Myanmar and help build the country’s capacity to deal with the crisis.”

During the visit, Schafer will visit the Rohingya camps and meet with local government officials, civil society and non-governmental organization representatives in Cox’s Bazar.

The World Bank has mobilized up to $400 million on grant terms to help Bangladesh deal with the crisis.

It has approved the first two operations—totaling about $75 million in grants—to provide health services and education to the Rohingya, many of whom are children, youth or women.


risingbd/Dhaka/Sept 22, 2018/Hasan/AI

risingbd.com