President seeks more ADB assistance
Thursday, 10 July 2008
President Professor Iajuddin Ahmed sought enhanced assistance from the Asian Development Bank in developing power, gas and transportation sectors of Bangladesh, reports UNB.
He stressed the need for funding these priority sectors while talking to ADB Country Director Hua Du when she paid a farewell call on the President at Bangabhaban Wednesday.
During the meeting, the outgoing ADB country chief apprised the president of the donor agency's different activities and support to Bangladesh in achieving its aspired goals in various fields, including expanding quality primary education, creating business environment, developing private sector, ensuring high economic growth and food security, and protecting environment.
She mentioned that the funding agency made the highest allocation in 2007-08 fiscal with US$ 965 million for Bangladesh during the present government, and the disbursement also recorded the highest amount during the same period.
"ADB is the lead development partner for the ongoing Second Primary Education Sector Development Programme aimed at reducing poverty through contributing sustainable socioeconomic development as envisaged in the Millennium Development Goals (MDGs)," said the Country Director.
She also highly appreciated the different reform programmes undertaken by the present government in various fields and its performance in enhancing efficiency and productivity through strengthening private sectors.
She also praised Bangladesh for developing rural infrastructures and irrigation, ensuring available agriculture credits to farmers and supplying hybrid seeds that contributed significantly to increasing agriculture productivity and domestic food products. The ADB Country Director apprised the President that ADB attached high priority to the effects of climate change and had set up climate-change fund for assisting its developing member-countries threatened by climate change.
She told the President that Bangladesh that contributed only less than 0.1 per cent to global climate change was one of the countries worst affected by global warming.
He stressed the need for funding these priority sectors while talking to ADB Country Director Hua Du when she paid a farewell call on the President at Bangabhaban Wednesday.
During the meeting, the outgoing ADB country chief apprised the president of the donor agency's different activities and support to Bangladesh in achieving its aspired goals in various fields, including expanding quality primary education, creating business environment, developing private sector, ensuring high economic growth and food security, and protecting environment.
She mentioned that the funding agency made the highest allocation in 2007-08 fiscal with US$ 965 million for Bangladesh during the present government, and the disbursement also recorded the highest amount during the same period.
"ADB is the lead development partner for the ongoing Second Primary Education Sector Development Programme aimed at reducing poverty through contributing sustainable socioeconomic development as envisaged in the Millennium Development Goals (MDGs)," said the Country Director.
She also highly appreciated the different reform programmes undertaken by the present government in various fields and its performance in enhancing efficiency and productivity through strengthening private sectors.
She also praised Bangladesh for developing rural infrastructures and irrigation, ensuring available agriculture credits to farmers and supplying hybrid seeds that contributed significantly to increasing agriculture productivity and domestic food products. The ADB Country Director apprised the President that ADB attached high priority to the effects of climate change and had set up climate-change fund for assisting its developing member-countries threatened by climate change.
She told the President that Bangladesh that contributed only less than 0.1 per cent to global climate change was one of the countries worst affected by global warming.