World Bank Senior Official Meets Bangladesh Minister of Finance on Sidelines of Bank-Fund Annual Meetings

October 10, 2015

LIMA, Peru, October 10, 2015 -- Kyle Peters, World Bank Senior Vice President, met today with Abul Maal Abdul Muhith, Minister of Finance for the Government of Bangladesh, at the IMF-World Bank Annual Meetings in Lima, Peru. They discussed the World Bank’s growing portfolio in Bangladesh, which in FY15-16 included new financing commitments amounting to US$ 1.9 billion and disbursements of almost $1 billion. They also discussed the government’s progress in advancing various reforms, including in the areas of taxation, standards, and companies, that are intended to improve the investment climate and that, if passed, could be supported by a World Bank development policy operation. Peters also expressed his intention to visit Bangladesh in the near future. 

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