Mr. Chairman,
President of the New Development Bank,
Esteemed Governors,
Distinguished Delegates,
Excellencies,
Ladies and Gentlemen,
A very good morning to all of you.
I begin by expressing my sincere gratitude to the Government of the Russian Federation and the New Development Bank for hosting this esteemed gathering in the culturally rich, historic, and vibrant city of Moscow. Although I am unable to attend in person due to our budgetary session and other pressing commitments, I deeply appreciate the opportunity provided by the Host Country and the NDB to share our perspectives with this distinguished assembly. My heartfelt thanks and sincere gratitude to the organizer for their sincere support.
Mr. Chairman,
The theme of this year’s Annual Meeting, “Development Financing in an Era of Technology Revolution,” is both timely and critical. While technological advancements offer unparallel opportunities for development, the global community faces concurrent challenges such as climate change, geopolitical tensions, and economic volatility. In this context we must work collaboratively to discover innovative solutions to ensure prosperity and inclusivity for all.
Distinguished Delegates,
We warmly appreciate NDB’s commitment to providing USD 1 billion annually to Bangladesh. We are pleased to report that we have already submitted proposals for eight projects totaling USD 1.533 billion, with one project loan agreement already signed. This achievement reflects the strong leadership and dedicated work of the NDB President and Management. We also remain fully committed to deepening and widening our partnership by preparing a robust pipeline.
Esteemed Governors,
Following a successful democratic transition, the newly elected Government of Bangladesh has placed investment-led development, focusing on restoring growth momentum emphasizing on job creation, FDI attraction, total digitalization and inclusive infrastructural development of the country. This direction is aligned with its unwavering commitment to people-centric democratic development and national progress. As a rapidly growing economy, we look forward to NDB as a substantial financial partner, particularly in our journey of becoming a trillion dollar economy under the prudent leadership of our Hon’ble Prime Minister H.E. Mr. Tarique Rahman.
Mr. Chairman,
As you are aware that most of the economies continue confronting challenges from post-pandemic shocks, global crisis, and pressures on fuel and finance, the New Development Bank may act as a crucial institution for bridging financing gaps and we would like to urge the Bank to consider introducing an innovative window to facilitate emergency financing needs of its members.
Distinguished Governors,
We hold high expectations on NDB as a transformative global partner, supporting member countries in overcoming global challenges through sustainable efforts. In this context, may I request NDB to consider an emergency support initiative for its member countries, like the World Bank, ADB, and AIIB, to maintain energy and food security and sustainable development efforts of the member countries.
Excellencies,
We are fully committed to working together with the Bank and its fellow member states to overcome the global challenges. I believe any such intervention from NDB will be instrumental in ensuring continuous development activities for long-term growth and sustainability, and in ushering in a new era of inclusive and sustainable development — one that serves future generations across the globe.
With these thoughts, I conclude my remarks.
Thank you all.