Bangladesh is witnessing an impressive transition from an agro-based economy to a manufacturing economy. IFC initiated the Bangladesh corporate government project in 2011 to improve financial performance and operational efficiency by promoting better corporate governance practices among financial institutions and medium sized family businesses.
With IFC Support Bangladesh Improves Government to Business Services
Bangladesh is harnessing information technology to better the country's business environment as part of its sweeping "Digital Bangladesh by 2021" agenda. With World Bank Group support, the government has automated several processes for starting a business, introduced an online system for paying taxes, and modernized Central Bank services for commercial banks nationwide. The plan aims to boost economic growth by making government services more efficient and transparent.