European Investment Bank to boost funds for Bangladesh as it weathers political turmoil

Muhammad Yunus News

European Investment Bank to boost funds for Bangladesh as it weathers political turmoil
Europe,Sheikh Hasina,Bangladesh

A senior official of the European Investment Bank says the regional lending agency is keen to double its funding for Bangladesh, but she expressed concern over human rights as the country endures a spell of political turmoil.

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“Yes, of course, we are focusing on human rights, rule of law and freedom of expression,” she said. “In our discussions we always are very firm on these points that the freedom of expression, freedom of opinion ... are very important, and that this and all the following governments have really to make sure that these human and citizens rights are guaranteed.”

In October, the World Bank slashed its forecast for the fiscal year that will end in June to 4%, citing “significant uncertainties following recent political turmoil.” Beer visited bank-funded projects and met with officials, including Yunus, during her three-day visit to Bangladesh.

 

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