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Prime Minister Sheikh Hasina has said that rich countries, multilateral development banks (MDBs) and international financial institutions (IFIs) should come forward generously to ensure the free availability of the CVID-19 vaccine in less developed countries and in less developed countries. developing.
The Prime Minister said this while opening the 14th International Conference of Finance Ministers of ASEM member countries on Friday evening. This statement was made to the Prime Minister of Bangladesh as the host of the virtual conference.
Sheikh Hasina said: “We are hopeful that the world will soon get an effective vaccine for Kavid-19. It is important to ensure that all countries receive this vaccine for free, especially in the least developed and developing countries. Wealthy countries and multilateral development banks (MDBs) and international financial institutions (IFIs) should come forward generously to cooperate in this regard.
The main theme of this year’s 14th Assam Finance Ministers Meeting is to ensure a strong, sustainable, inclusive and balanced cure for KVID-19.
Emphasizing the strengthening of mutual cooperation to overcome any obstacles in the way of development in these difficult times, Sheikh Hasina said: “Mutual cooperation, not isolation, can be helpful in overcoming any kind of crisis.” He said that countries with developed economies must implement their previously promised commitments, especially to guarantee tariff and quota-free access to products from developing countries and technological cooperation in their markets.
Calling on the G-8, G-20, OECD countries, MDBs and IFIs to play their important role in liberating the least developed and developing countries, Sheikh Hasina said they should present greater financial incentives, debt concessions and exemptions.
The prime minister said that the Kavid-19 epidemic has had a devastating impact on the health system and the economy of all countries. He said that the world economy, especially the least developed and developing countries, had been the hardest hit by the epidemic and large numbers of people had lost income and jobs.
Sheikh Hasina said the poverty situation is worsening and the health sector faces serious challenges, so the prosperity of most countries to achieve the SDGs and hard-earned income is at risk.
Regarding Bangladesh’s efforts for economic growth, the Prime Minister said that Bangladesh has been able to achieve high sustainable growth in the last decade and has also made remarkable progress on some socio-economic indicators.
Mentioning that the government adopted ‘Vision 2041’ with the goal of turning Bangladesh into an upper-middle-income country by 2031 and building a developed country by 2041, he said that the country is on the right track to achieve the SDGs. The Prime Minister said that despite her government’s best efforts to curb the spread of the coronavirus, the epidemic has severely hampered its progress. He added that a broader incentive package has been launched to compensate for the economic losses.
Delving into his government’s incentive package, Sheikh Hasina said that so far 21 incentive packages equivalent to US $ 21.14 billion have been announced to help different sectors of the country’s economy, as well as different sectors of society. .
The prime minister expressed his satisfaction that the country’s economy has started to recover after a few months of initial shock. In this context, he highlighted the latest state of exports, remittances and agricultural production, indicating that the economy is now returning to the path of sustainable growth.
Finance Minister AHM Mustafa Kamal delivered a welcoming speech at the conference. The Vice President of the World Bank and the ADB simultaneously delivered the keynote address at the IMF Deputy Director General’s Conference on Asia-Pacific.
ASEM countries include high-level delegates from Australia, India, Germany, Spain, Poland, Bulgaria, Thailand, Japan, China, Myanmar, Indonesia, and Singapore.
The Asia-Europe Meeting (ASEM) is an intergovernmental process established in 1997 with the aim of enhancing dialogue and cooperation between Asia and Europe. Source: Bass.
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