WB to back reforms for Bangladesh’s macro-economic stability

The World Bank Group will support reforms critical for Bangladesh’s macro-economic stability and the reduction of financial sector vulnerability, the Washington-based multilateral lender said today.

The international agency disclosed this in a Facebook post after its Vice President for South Asia, Johannes Zutt, met with top government functionaries.

Zutt, who is visiting Bangladesh, met with Finance and Planning Minister Amir Khosru Mahmud Chowdhury, Commerce Minister Khandakar Abdul Muktadir, and Bangladesh Bank Governor Md Mostaqur Rahman.

They discussed Bangladesh’s development priorities and how the WB can support the country in creating jobs, particularly for youth and women, and in staying on an inclusive growth path, the post said.

The WB said ensuring macro-economic stability and reducing financial sector vulnerability are needed to create more and better-paid jobs and to strengthen economic resilience.