CA seeks WB help to modernise Ctg Port, retrieve stolen funds

BSS
Published On: 24 Sep 2025, 18:39 Updated On:24 Sep 2025, 18:40
World Bank President Ajay Banga met with Bangladesh Chief Adviser Professor Muhammad Yunus on the sidelines of the United Nations General Assembly (UNGA) at the UN Headquarters in New York on Tuesday. Photo: CA Press Wing

NEW YORK, Sept 24, 2025 (BSS) - Chief Adviser Professor Muhammad Yunus has urged the World Bank (WB) to assist in recovering the stolen funds and support the reform and modernisation of the Chittagong Port, emphasising its potential to generate millions of manufacturing jobs and enhance regional cooperation.

"Chittagong Port is key to economic growth in the region. Let's develop together," he said, noting that landlocked Nepal and Bhutan, as well as India's seven northeastern states, stand to benefit significantly from an upgraded port.

The Chief Adviser made the call when World Bank President Ajay Banga met him on the sidelines of the United Nations General Assembly (UNGA) at UN Headquarters here in the USA on Tuesday.

During the meeting, the two leaders discussed a range of critical issues, including Bangladesh's upcoming national election in February, the country's democratic transition, fiscal and banking sector reforms, recovery of billions of dollars in stolen assets, regional economic integration, and the growing political engagement of youth across Asia. 

The WB president underscored the importance of robust reforms in the banking and fiscal sectors, stating that they are essential to laying the foundation for sustained, high-growth economic development.

He praised Prof Yunus for his leadership over the past 14 months, highlighting his pivotal role in steering Bangladesh's economic recovery.

In response, Prof Yunus expressed gratitude for the World Bank's steadfast support during what is described as one of the most critical periods in the nation's history.

Energy Adviser Fouzul Kabir Khan, Chief Adviser's Special Envoy Lutfey Siddiqi, and SDG Coordinator Lamiya Morshed were present at the meeting. 

 

  • Latest
  • Most Viewed
Firefighter Nurul Huda's janaja held
Bangladesh put India to bat in crucial Asia Cup contest
Iran will never seek nuclear weapons, president tells UN
Govt working in formulating ordinance to protect journalists’ rights: Mahfuj
One dead, two wounded in shooting at US immigration facility
Pharmacy fined for selling outdated medicines in Magura
Out-of-country voter registration to begin before polls schedule: EC Sanaullah
Family sagas top 2025 Booker Prize shortlist
Five killed in Ladakh autonomy protests in India: police
Over 100 sacks of snails and clams released in Chalanbil
১০