United News of Bangladesh

The Economic Relations Division (ERD) and the United Nations Development Programme (UNDP) on Monday signed two project documents — Transformative Economic Policy Programme (TEPP) Phase II and Institutional Strengthening for Promoting Accelerated Transformation (ISPAT) — at the ERD office in the capital. ERD Secretary Md Shahriar Kader Siddiky and UNDP Bangladesh Resident Representative Stefan Liller signed the documents on behalf of their respective organisations. TEPP Phase II will run from January 2026 to March 2028 with a total budget of around US$3.57 million, funded by the UK Government. Politically motivated arbitrary detentions persist under Bangladesh interim govt: HRW According to a UNDP press release, the programme will strengthen Bangladesh’s trade and investment policy ecosystem to support a competitive post-LDC transition. It will enhance trade negotiation capacity, promote evidence-based policy analysis, support institutional reforms and improve the investment climate through the Ministry of Commerce (MoC) and the Bangladesh Investment Development Authority (BIDA). The ISPAT project will be implemented from January 2026 to June 2027 with a budget of US$1.06 million, supported by the Australian Government. The initiative aims to strengthen and modernise the NGO Affairs Bureau through the introduction of digital systems, improved transparency and gender-responsive service delivery. It will also support policy reform and capacity development to enhance NGO oversight and engagement in national development priorities. Speaking at the event, ERD Secretary Md Shahriar Kader Siddiky said, “These initiatives reflect our commitment to a holistic approach to institutional strengthening — building capacity, enhancing transparency and accountability, and fostering evidence-based policymaking. Through these projects, we aim to develop confident and capable institutions and professionals who can effectively support good governance and Bangladesh’s economic transformation, particularly during the post-LDC transition.” UNDP Resident Representative Stefan Liller said, “These two projects are highly strategic and catalytic, strengthening the institutions and policy ecosystems that underpin Bangladesh’s economic transformation and governance reforms. Working closely with the government and development partners, UNDP remains committed to supporting nationally led, forward-looking reforms that will deliver long-term impact.” The signing of the two projects reaffirms the strong partnership between the Government of Bangladesh, UNDP and development partners in advancing the country’s economic transition, strengthening public institutions and promoting transparent, technology-enabled and citizen-centric service delivery. Both TEPP Phase II and ISPAT are expected to play important roles in strengthening governance systems, fostering private sector competitiveness and supporting Bangladesh’s progress towards achieving the Sustainable Development Goals (SDGs). Bangladesh govt urged to halt draft media ordinances, leave it to elected govt