Dhaka: The World Bank’s Board of Executive Directors has approved two projects totalling $900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure and management to ensure sustainable and climate-resilient growth. “Decisive reforms will help Bangladesh sustain growth and strengthen resilience to climate change and other shocks,” Abdoulaye Seck, World Bank country director for Bangladesh and Bhutan, was quoted as saying in a statement received on Saturday. “These new financing operations will help Bangladesh in two critical areas — the financial sector and urban management — to achieve its vision of upper-middle-income status,” he added.
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