The World Bank’s Chief Executive Officer Kristalina Georgieva arrives in Dhaka on her first visit to Bangladesh.
During the two-day visit, she will meet the Honorable Prime Minister and senior government officials as well as visit a World Bank-supported project. The visit will help further deepen the longstanding partnership between Bangladesh and the World Bank Group. She will also join the Third Executive Meeting of the Global Commission on Adaptation (GCA) to be held in Dhaka on June 10.
“The World Bank is proud to have a strong partnership with the Government of Bangladesh. We support the country’s remarkable efforts to accelerate its development,” said Georgieva. “Despite being extremely vulnerable to climate change, Bangladesh has shown the world what can be done through disaster preparedness and adaptation. I look forward to learning more about its successful innovations and how they can be applied elsewhere.”
Georgieva will be accompanied by Hartwig Schafer, World Bank Vice President for the South Asia Region.
The World Bank was among the first development partners to support Bangladesh following its independence. Since then, the World Bank has committed more than $30 billion, mostly in grants and interest-free credits to Bangladesh. Bangladesh currently has the largest IDA program totaling $12.6 billion.