World Bank Helps Bangladesh Improve Transparency, Public Sector Accountability and Financial Sector Stability
Bangladesh, June 23 -- The World Bank approved $500 million financing to help improve trust in Bangladesh's public institutions through increased accountability and transparency; and enhance corporate governance and stability in the financial sector.The Strengthening Governance and Institutional Resilience Development Policy Credit supports public and financial sector reforms, which are key for sustained economic growth. The reforms will also lay the foundations for improved services for vulnerable households. Currently, Bangladesh has one of the lowest revenue-to-GDP ratios among middle-income countries, significantly limiting the government's ability to deliver quality services to its people. This program supports reforms aimed at improvi...
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