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Bangladesh has turned to multilateral lenders in earnest to pull the country out of the wreckage of COVID-19, which has left the country’s tremendous growth momentum of recent years coming crashing down.
Finance Minister AHM Mustafa Kamal is leading the country’s efforts to mobilise the funds. He got down to work in the first week of April, writing to all the multilateral development and bilateral partners seeking whatever support they can extend.
On Thursday, he held a meeting with Hartwig Schafer, vice president for South Asia of the World Bank, over video-conferencing, on the sidelines of the virtual World Bank-International Monetary Fund (IMF) Spring Meetings. The three-day meeting ended on Saturday.
Kamal sought budget support from the Washington-based multilateral lender.
(TDS)
