World Bank lauds Bangladesh for raising its project implementation capacity

World Bank (WB) Vice President for the South Asia Region Annette Dixon today praised Bangladesh of increasing its capacity in project implement and fund disbursement.

“Bangladesh is absorbing the supports from the World Bank with very efficiently. In last six years, Bangladesh increased its capacity in implementing projects and disbursing funds,” she told reporters after a meeting with Finance Minister AMA Muhith at the Secretariat here.

During the meeting, they discussed various issues, including the progress of Bangladesh economy and the World Bank-supported projects, and forcibly displaced Myanmar’s people living in Cox’s Bazar.

Reply to a question, Annette Dixon said the global lending agency has actually been increasing its supports to Bangladesh as the country is performing well.

“We’re providing US$4.4 billion supports to Bangladesh in the current three-year period,” she said.

Finance Minister AMA Muhith said the meeting was a courtesy call on and they discussed the ongoing projects supported by the World Bank.

Relying to a query, he said the government has named the China Harbour Engineering Company Limited in black list for offering Taka 50 lakh in bribe to a secretary.

The company will not get any project in Bangladesh in the future and the government will take steps against its ongoing projects in the country, the Finance Minister said.

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