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Publication(World Bank, Washington, DC, 2020-05-27) World BankThe agriculture sector has been critically important in reducing poverty in Bangladesh, and further progress in agriculture will remain important as Bangladesh’s economy continues to evolve. Declining agricultural productivity growth poses substantial risk to the development of the rural economy. There are substantial market opportunities for productive diversification and increased value addition for the agri-food sector in Bangladesh. The agri-food ecosystem analysis carried out for this study identifies critical constraints to the diversification and modernization of the agri-food sector. The Covid-19 (Coronavirus) crisis has hit Bangladesh’s economy and its agri-food sector hard and lasting impacts can be expected on the sector. The overall aim of this report is to identify policy and public investment opportunities for increasing agricultural diversification and creating an enabling business environment for private sector investment along the agri-food supply chain using the maximizing finance for development (MFD) framework. The report is intended to provide guidance to the Government of Bangladesh (GoB) to implement and operationalize the strategic priorities of agricultural diversification and commercialization, as outlined in national agricultural policy 2018, to improve farms’ incomes, create rural jobs, and attain nutrition security in the country. The report is also intended to inform the World Bank’s strategies and dialogue for agriculture and rural development in Bangladesh and sharpen priorities for future engagement on agri-food sector modernization initiatives.
Publication(Washington, DC, 2009-03) World BankThe Government of Bangladesh has requested the World Bank to provide further assistance to the livestock and dairy sectors. During a mission of the Sector Manager of Agriculture and Rural Development (ARD) of the South Asia region of the World Bank to Bangladesh in November 2008, the Secretary of the Ministry of Livestock and Fisheries (MOFL) of the former Caretaker Government of Bangladesh (BD) requested the Sector Manager for assistance to the development of the dairy and fisheries subsectors to support the livelihoods of the rural people and contribute to the economic growth of the country. The secretary of the MOFL also reminded the Bank of its proposal for an investment request for dairy development to the Bank sent in 2007. In response, the Bank agreed to carry out a technical mission to review the current state of the livestock sector (with special focus on the dairy sub-sector) and the fisheries sector, particularly inland fishery production (including freshwater capture and freshwater aquaculture). The mission reviewed policy, technical and administrative aspects in order to identify key bottlenecks and assess the scope for Bank-supported further development of the sectors. This request of the Government is consistent with the emphasis in the Poverty Reduction Strategy Plan (PRSP) on further development of the livestock and fisheries sectors which together account for 7 percent of total Gross Domestic Product, or GDP (3 percent livestock, 4 percent fisheries) and 33 percent of agricultural GDP).
Publication(Washington, DC, 2009-01) World BankAwami League's Election Manifesto 2008 appropriately recognizes the importance of ensuring food security for all in Bangladesh. Food Security requires increasing agricultural growth which in turn is a key factor in reducing poverty in the country. Food security also requires increasing agricultural production and protecting consumers. Sustained production increases, in turn, require technology-driven increases in the productivity of crops (rice in particular), fisheries and livestock. This is possible through interventions that improve: (i) agricultural research and extension systems to generate and disseminate high yielding varieties and location-specific solutions to production constraints; (ii) timely access to quality production inputs, especially seeds and fertilizer; (iii) coverage, targeting, and administration of production subsidies (especially fertilizer) in order to make them efficient and fiscally sustainable; and (iv) irrigation and drainage. Increasing the incomes of small and marginal farmers requires promotion of commercial agriculture and agri-business opportunities through: (a) value chain development and value-addition to selected agricultural commodities; (b) improvements in market infrastructure; (c) supporting the development of farmer groups and producer organizations and link them with value chains and markets; and (d) facilitating private sector investment in agri-business development, demand-driven research and extension systems, and rural finance through public-private partnerships. Food safety nets are needed to protect poor and vulnerable consumers but their coverage, targeting, and administration need to be improved. All these interventions will require a right blend of public policies, resources, and participation of public and private sector, and increased technical and administrative capacity of the institutions responsible for agriculture extension, research, food procurement, water management, and safety net management.