External_resources_mobilization.pptx4.pptx5.pptx6[1].pptx7.pptx8[1].pptx

Presentation on the Bangladeshi Economic resource mobilization

1. Group Members Content Names Page No. Md. Ali Zinnah Development Finance History of Development Finance Development Finance institutions & Examples 1,2 2. Maria Farjana Eti Internal Resources Mobilization (from Bangladesh perspective) Ways of domestic resources mobilizatio n Internal resources mobilization perception of Bangladesh 3,4,5 3. Shornali Akter Resource Mobilization External resources mobilization External resources mobilization perception of Bangladesh 5,6,7

2. Introduction: In this fast growing world, a typical Rat Race has been introduced amongst every country of the world for developing faster than one another. In order to develop, every country needs to develop life standard of citizens,communication , technology and infrastructure. But for this every country needs financing . For this reason, development finance or proper development financing becomes one of the major issues at the present world. And today's topic is about Development Finance.  

3. What is Development Finance? Development finance refers to the various financial mechanisms and instruments used to find projects and initiatives aimed at promoting economic growth, reducing poverty and improving living standards in developing countries. So, Development Finance encompasses a wide range of financial mechanisms and instruments including grants, loans, foreign aid, private investment, microfinance etc. It reflects the focus on financing activities that are direct towards the cherished goals of development.

4. History of Development Finance :   The history of Development Finance is closely interconnected with the broader history of economic development and international relations. The sequence goes like- Post World War-2 Era(1940s-1950s) : The devastation of World War-2 highlighted the need of international cooperation and assistance to rebuild war-torn countries and promote global economic stability. Then the Bretton Wood conference in 1944 led to establishment of International Monetary Fund (IMF) and the World bank to provide financial assistance for reconstruction and development projects. Decolonization and cold war Era 1950 to 1980 : N ewly independent countries in Asia, Africa and Latin America Development Banks expanded their leading activities to support infrastructure projects, agriculture, education and health care in developing countries. Structural Adjustment Policies(SAPs) as condition for providing loan

5. 3 . Development Finance In 1990 and Beyond: United Nations adopted the Millennium Development Goals(MDGs) R ise of globalization facilitated greater flows of trade, investment and capital .

6. Development Finance I nstitutions : Development finance institutions or DFIs are specialized Financial Institutions that provide long term financing for development projects in emerging and developing economies. :

7. Examples of Development Finance Institutions : World Bank Group African Development Bank(AFDB) Euro pean Investment Bank(EIB) National DFIs: Many countries have their own DFIs, such as the Development Bank of Southern Africa (DBSA), KfW Development Bank in Germany, and Banco Nacional de Desenvolvimento Econômico e Social (BNDES) in Brazil, which provide financing for domestic development priorities . Focusing on Development Impact: these DFIs prioritize investments that have a positive impact on economic growth, poverty reduction, job creation, infrastructure development, and social welfare. They often target sectors such as energy, transportation, healthcare, education, agriculture, and small and medium-sized enterprises (SMEs).

8. Distinct characteristics of DFIs institutions are given below- Focus on Development Impact: DFIs prioritize investments that have a positive impact on economic growth, poverty reduction, job creation, infrastructure development, and social welfare . Long-Term Financing: Unlike commercial banks that primarily offer short to medium-term loans, DFIs provide long-term financing with flexible repayment terms to match the needs of development projects. Risk Mitigation: DFIs often assume a higher level of risk compared to traditional financial institutions by investing in projects or regions with perceived political, economic, or social uncertainties. Catalytic Role.

9. External resources for mobilization (Bangladesh perspective ) •What is resource mobilization? • what is external resource mobilization? •External resources mobilization perception of Bangladesh .

10. Resource mobilization: Resource mobilization refers to all activities involved in securing new and additional resources for your organisation. It also involves making better use of and maximizing existing resources. Resource mobilization is often referred to as "New Business Development.” Thus we can say "Resource Mobilization" is when a business or organization secures new or additional resources to meet needs. This process can also include strategies that maximize the efficiency of existing resources. In some cases, organizations may take count of what's currently available and develop a plan to use those resources as efficiently as possible. If necessary, the business can acquire new or enhanced resources to supplement any existing options. Especially in times of great business need or demand, it can be important to understand what an organization has and needs to successfully cover expenses and maintain standard quality.

11. External resources mobilization: External resources refer to any kind of resource that the team has to secure from outside their organization to complete their project or task. For example, if you need to bring in an independent professional to help you design a new website, they would be considered an external resource. Here are some characteristics: 1.Diversity; 2.Flexibility; 3. Strategic Alignment; 4. Networking; 5. Accountability; 6. Risk Management; 7. Innovation. Overall, the effective mobilization of external resources requires strategic planning, relationship-building, accountability, and a willingness to adapt to changing circumstances.

12. External resources mobilization perception of Bangladesh: The external resources mobilization perception of Bangladesh generally focuses on its efforts to attract foreign investment, development assistance ,and loans to support its economic growth , and infrastructure development. Bangladesh has actively sought partnerships with international organisations, belateral donors, and investors to fund various projects aimed at poverty reduction, industrialization and infrastructure improvement. The flow of external resources in Bangladesh includes: 1.Foreign aid; 2. Remittances; 3. Foreign Direct Investment (FDI); 4. Loans and grants; 5. Trade & export earnings; 6. Technology transfer; 7. Dept management. Bangladesh external sector has been a key pillar of the country's impressive development narrative. This is manifested in robust export performance and increasing amount of remittance flows, comfortable balance of payment position,high foreign exchange reserves ,exchange rate stability and import capacity that serviced both consumer demands and development needs.In summary, external resources mobilization.

13. Foreign Assistance to Bangladesh We can see in July- August, development in elders disbursed a little more than $864 million. The release of a foreign aid has experienced a 24% fall in the first two months of FY 23 because implementing agencies usually go slow when it comes to spending on development projects in the initial months of a physical year. On the other hand Bangladesh secured new commitments accounting to nearly $305 million from only two development partners the WB and UN.This aid is often targeted towards specific sectors such as education healthcare infrastructure and agriculture.

14. July- November period of FY 2023 export earnings Here we can see, over the July- November period of FY 2023 export earnings have registered a descent 10.9% growth over the corresponding period of FY 2022. As expected performance of RMG had led the way while many of the non- RMG items have a posted to negative growth over the corresponding correlate of the previous fiscal year. This has led to further concentration of exports favouring the apparels.However t,he impressive performance of Apparels is informed by some structural factors that needs to be looked at more closely.

15. References: •What is resource mobilization? ( https://healthcommcapacity.org/resource-mobilization-important/ ) • what is external resource mobilization? ( https://mofep.gov.gh/divisions/erm-b/overview ) •External resources mobilization perception of Bangladesh. ( https://sg.docworkspace.com/d/sIJCsqeCEAdOuva4G ) ( https://sg.docworkspace.com/d/sIJCsqeCEAdOuva4G ( https://sg.docworkspace.com/d/sIJCsqeCEAdOuva4G ) ( https://sg.docworkspace.com/d/sIJCsqeCEAdOuva4G ) (RESOURCE MOBILIZATION STRATEGIES AND ACTION PLAN FOR BANGLADESHMonzur Hossain, PhDIndividual Consultant, K4DM)

16. Thank you