00:03 Since its independence in 1971,
00:06 Bangladesh has achieved impressive growth and development,
00:09 supported by a strong partnership with the World Bank.
00:15 In 1972,
00:16 World Bank President McNamara visited Thaka to meet with the father of the nation,
00:21 Bongo Mohu Sheikh Mujibu Rahman.
00:25 Baldes also became a member of the World Bank.
00:28 4 projects were reactivated.
00:32 And Bangladesh received its first World Bank credit of $50 million.
00:40 Since 1975,
00:42 the World Bank has supported Bladesia's Health and Population Program,
00:46 resulting in decline in fertility rates
00:48 from 6.1 births in 1971
00:51 to 2.05 in 2019.
00:55 The first energy project approved,
00:58 and since then over 2600 megawatt electricity has been added.
01:07 The Chittagong port project improved the port's capacity
01:10 for handling cargo and containers.
01:14 The first project for the rural roads was approved,
01:17 and since then,
01:18 the World Bank helped build and rehabilitate 1600 kilometers of roads.
01:28 A flagship stipend program was approved,
01:31 which increased female enrollment in secondary school.
01:35 The Bongabuntu Bridge was approved connecting the
01:38 east and west parts of the country.
01:47 Since 2002,
01:48 the World Bank helped Bangladesh improve public procurement
01:52 and adopt e-procurement.
01:54 The first renewable energy project was approved.
01:57 Today Bangladesh has the largest domestic solar home system program in the world.
02:07 Since 2006,
02:08 the World Bank helped improve governance
02:10 and basic infrastructure at Union Brushots,
02:13 the lowest tier of the local government.
02:21 In 2009,
02:22 the World Bank's yearly commitment for Bangladesh crossed $1 billion.
02:33 A project to reinforce coastal embankment was approved.
02:37 Today,
02:37 Bangladesh is a global leader in disaster
02:40 risk preparedness and climate change adaptation.
02:45 Bangladesh achieved lower middle income country status.
02:50 The yearly commitment also reached about $2 billion.
03:00 In 2018,
03:02 the World Bank committed more than half a billion
03:04 grant support for the displaced Rohingya and host communities.
03:09 Same year,
03:10 the yearly commitment reached nearly $3 billion.
03:15 The World Bank helped strengthen national health systems and vaccination program
03:20 to contain the COVID-19 pandemic.
03:30 Today,
03:30 the World Bank is Bangladesh's largest development partner,
03:34 and the country has the largest ongoing IDA program.
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