Dr Salehuddin Ahmed, Finance and Commerce Adviser, announced on Thursday that the World Bank will help Bangladesh modernize its banking and other industries.

He said after meeting with Martin Raiser, the World Bank’s vice president for the South Asia Region, at his Secretariat office.

Speaking to reporters, the adviser stated, “We discussed various projects with the World Bank’s South Asia vice president and his team, including budget support, energy assistance, fertilizer imports, food, and post-flood aid.”

“We talked about support for the Rohingya refugees. The World Bank was very positive about all the proposals we presented, and they provided concrete responses. They assured us that they, along with other stakeholders, would coordinate, and there would be no hesitation in providing necessary funding or assistance.”

“The reforms we have undertaken in the banking sector will receive support from the World Bank”, said the adviser.

“We also discussed issues related to boosting investment in the private sector and addressing various challenges in business and trade. They have assured us of their assistance, and we will receive the necessary support”, he added.