The World Bank will also be with Bangladesh to return money from smuggling
Sharmeen S. Murshid, advisor to the Ministry of Social Welfare of the interim government, has stated that the World Bank will assist in bringing back the laundered money to the country. At the same time, requests have been made to the World Bank for transparency and accountability in statistical data, the implementation of automation in tax collection, and support for reforms in the financial sector.
On Wednesday (September 18), the World Bank's Country Director, Abdoulaye Seck, paid a courtesy visit to advisor Sharmeen S. Murshid at the Ministry of Social Welfare. Following the meeting, advisor Sharmeen S. Murshid shared this information.
Expressing gratitude to the Country Director for increasing loan assistance to Bangladesh for implementing government reform programs, environmental issues, flood management, and healthcare, social welfare advisor Sharmeen S. Murshid said, "We have embarked on a new journey to recover from 15 years of misgovernance. We need to build a new structure from the ruins. We must focus on fulfilling the dreams of the students."
The advisor called on the World Bank for technical assistance to bring back the embezzled funds to the country.
He stated that the expertise of the World Bank is needed to build a corruption-free nation. The World Bank's Country Director agreed to assist in recovering the embezzled funds.
Advisor Sharmin Murshid mentioned that the anti-discrimination student movement, which began in July, ultimately transformed into a student-people uprising. As a result, the Hasina government fell on August 5. Approximately eight hundred people were killed and several thousand were injured in this movement.
Advisor Sharmin Murshid noted that the government has established the July Shaheed Smriti Foundation to assist the families of the deceased and to provide medical treatment and rehabilitation for the injured.
Abdoulaye Sek stated that the World Bank will provide Bangladesh with loans and grants on easy terms in the current fiscal year. They wish to assist Bangladesh as quickly as possible in cases where urgent financial support is needed.
Abdoulaye Sek paid tribute to all the martyrs who lost their lives in the student-people's movement in July-August and expressed condolences to their families and relatives.
He was impressed by the graffiti and murals painted by youth on the walls in various areas of Dhaka and emphasized the need to empower students.
In this fiscal year, the World Bank will be able to provide new financing of two hundred million US dollars for Bangladesh. The World Bank is eager to strengthen and expand its relationship with Bangladesh through existing ties.