Axel van Trotsenburg, the managing director of operations at the World Bank, made his first official trip to Bangladesh today and touched down in Dhaka.
Van Trotsenburg will participate in a public event tomorrow in Dhaka to recognize the 50th anniversary of Bangladesh and the World Bank Group’s collaboration and honor the nation’s outstanding development accomplishments during his three-day visit.
“Bangladesh has shown the world what can be done to dramatically reduce poverty through successful innovations in human development, women’s empowerment, and climate adaptation,” said Axel van Trotsenburg, according to a press release.
“The World Bank is proud of its 50-year partnership with Bangladesh and being part of the country’s remarkable development journey. I look forward to my visit and to seeing these achievements firsthand.” added Trotsenburg.
Axel van Trotsenburg will meet with the Prime Minister, the Finance Minister, and other senior government officials, civil society representatives, and development partners, and visit World Bank-supported projects. He will be accompanied by Martin Raiser, World Bank Vice President for the South Asia Region.
One of the first organizations to promote Bangladesh’s growth following its independence was the World Bank. Since then, the Bank has granted or provided Bangladesh with concessionary credits totaling around $39 billion.
Bangladesh now has the largest continuing program funded by the International Development Association of the World Bank Group (IDA).
