& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

WB urges govt to improve order for more FDI

STAFF CORRESPONDENT
Improved law and order and better infrastructure are crucial to luring local and foreign investment into Bangladesh and helping it reach a higher GDP growth and cut down on poverty, according to a regional World Bank director.
"We all agree that conducive atmosphere is needed to augment local and foreign investment," Sadiq Ahmed, director, South Asia Region of the World Bank, told reporters after a meeting with Finance and Planning Minister M Saifur Rahman on the anti-poverty loan styled Development Support Credit-III
(DSC) at the Secretariat yesterday.
Sadiq said poor law and order and infrastructure present barriers to investment not only in Bangladesh, but also in any other country. "We discussed the status of the reform programmes in Bangladesh, how they are going and what needs to be done in the future," he added.
Saifur said, "Our macroeconomic indicators are sound and conducive to boosting investment. But, we are failing to derive benefits from the sound macroeconomy because of the political and social unrest. As the finance minister I
FROM PAGE 12
have nothing to do in this case."
Bangladesh received the DSC-I worth $300 million in 2003 and the DSC-II involving $200 million last month. Negotiations are on for the DSC-III worth some $350 million.
Sources said for getting the
DSC-III Bangladesh would have to improve governance and public
administration, boost the energy
sector, state-owned enterprises and banking sector and implement reform conditions for the growth sector.
The WB released the DSC-I and DSC-II on the government's fulfilling the different time-bound conditions.
"Specific guidelines approved by the World Bank board are there for getting the DSC and the government is pledge-bound to follow them," Sadiq added.
He added the WB board would review the progress of implementation of the reform programmes in June or July next year before approving the DSC-III.
"We have reviewed the progress made on the DSC-I and II programmes. Bangladesh's macroeconomic indicators are quite sound, but more reforms and investment are needed in infrastructure, port, state-owned enterprises and the banking sector," Sadiq said.