Published on 07:23 PM, September 18, 2022

World Bank VP Raiser on 3-day visit to Dhaka from tomorrow

The World Bank has appointed Martin Raiser, an economist and development expert, as its new vice president for the South Asia Region. Photo: Courtesy

World Bank Vice President for the South Asia Martin Raiser is scheduled to arrive in Dhaka tomorrow (September 19, 2022) on his maiden visit to Bangladesh.

During his three-day visit, Raiser is expected to meet the Finance Minister Mustafa Kamal, along with other senior government officials, and discuss World Bank's support to address the country's development priorities, reads a press release issued today (September 18, 2022).

He is also set to meet with development partners, leaders from the private sector, civil society, and think tanks.

"Bangladesh has made impressive achievements in development and economic growth. The World Bank is proud to be a partner in this remarkable journey for the past 50 years," said Raiser.

"As the countries in South Asia grapple with a multitude of shocks from Covid-19 to climate change and rising global inflation, I look forward to learning about Bangladesh's experience in building resilience." 

Raiser, a German national, assumed the role of the World Bank Vice President for the South Asia Region on July 1, 2022. Before taking on this role, he worked as the country director for China, Mongolia, and director of Korea, and as country director for Brazil and Turkey, separately.

The World Bank was among the first development partners to support Bangladesh following its independence. Since then, the World Bank has committed more than $37 billion in grants, interest-free, and concessional credits to the country.