WB offers help to ease doing business in Bangladesh

Dhaka,  Mon,  24 October 2016
Published : 18 Oct 2016, 21:17:50

WB offers help to ease doing business in Bangladesh

Yong Kim confident in PM's development agenda
Visiting World Bank President Dr Jim Yong Kim offered assistance to share experiences about easing doing business in Bangladesh, report agencies.

Yong Kim made the offer when he met Prime Minister Sheikh Hasina at her official residence Ganobhaban.

During the meeting he said Bangladesh has enormous potential to attract FDI.

He also said he fully supports what Prime Minister Sheikh Hasina is doing for the development of Bangladesh.

PM's press Secretary Ihsanul Karim briefed reporters after the meeting.

Dr Jim Yong Kim mentioned that the World Bank is fully committed to providing support to Bangladesh in implementing its climate change adaptation and mitigation programmes.

He also offered to help Bangladesh to raise more funds to combat climate change, the PM's Press Secretary said.

Highlighting her government's various steps for the development of the country, the premier said her main aim is to ensure basic needs, including food and shelter, for the people.

"Our government has been working relentlessly for the rapid development of the country," she said.

Sheikh Hasina said Bangladesh has become self-sufficient in food due to various steps of her government.

In this connection, the premier mentioned the BNP's attitude towards sufficiency in food and said the party (BNP) told the parliament in the past that foreign aid would not be available if the country achieves food autarky.

Pointing out her government's steps to empower women, the prime minister said the desired development of the country is not possible leaving the women, who make up half of the population, out of the development process.

She said 30 per cent seats in the local government bodies like Union, Upazila, Municipality and City Corporations have been kept reserved for the women.

While talking about the press freedom in the country, Sheikh Hasina said her government after coming to power in 1996, for the first time allowed private TV channels.

As a result, she said, 24 channels are operating creating job opportunities in the sector and more TV channels are awaiting approval.

Talking about development of telecom sector, Sheikh Hasina said her government after assuming office in 1996 broke the monopoly business of only one company owned by a BNP minister and allowed more companies in the sector.

As a result, she said, the business in the sector has become more competitive, and call rate has been reduced significantly.
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