Danish Ambassador to Bangladesh Christian Brix Moller on Tuesday said now the time has come to work on institutional strengthening, good governance and make the systems transparent and accountable for Bangladesh.

"CPD is uniquely positioned to facilitate the transformation process of the country as a proven thought leaders on socio-economic transformation," said the Ambassador.

Through the signing of a new project, Denmark and Centre for Policy Dialogue (CPD) are set to contribute to the existing interim government’s reform agenda.

The Danish Ambassador and CPD Executive Director Dr Fahmida Khatun formalided this four-year partnership on Tuesday.

This partnership aims to emphasise the economic reform and green transition agenda specifically through research, dialogue and policy advocacy.

"We believe this engagement will offer realistic recommendations for the policymakers to restore economic stability, bring trust to the foreign investors and potential ways to overcome the challenges of the middle- income trap," said Ambassador Moller.

The envoy said they want to see Bangladesh’s strong presence in the global value chain with higher productivity, diversification of the income, entering into FTAs, and ease of doing business.

"And CPD as a key player for policy advocacy can step up as key agents of transformation of the country."

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Dr Fahmida said they are indebted to Denmark for its support for their institutionalization.

Back in 2019, Denmark contributed to the institutional arrangement of CPD.

"Danish government has been consistency promoting rule of law and good governance and CPD has same ambition," said the CPD ED.

"This partnership is a timely one as we are passing a transitional period for the country and expecting to bring structural and institutional changes for the country. We are hopeful to create evidence and research appropriate for the existing reform agenda of the interim government," she said.

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CPD said the new partnership will ensure stakeholder engagement, capacity development of students and duty bearers along with policy dialogue for the next four years to have long lasting changes into the country.