Climate change will hit Bangladesh, and rising temperature and sea level will affect millions in both the short- and long-term. However, it has also embarked on a path to accelerate growth and achieve middle-income status in the immediate future.

As we move on to middle-income status and depend more on our own financial resources, the role of developed countries will need to change so that they become a genuine development “partner” rather than a “donor”.

The World Bank approves $476 million for two projects in Bangladesh to develop a strong financial sector and to improve agricultural productivity for a million poor farmers.