Private and Financial Sector Support Project

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The private and Financial Sector Support Project (PFSSP) is an advisory project of the World Bank Group that aims to support financial sector reforms to facilitate firm viability and growth. The project will provide technical assistance to the Government of Bangladesh to enact a law to support modern secured transactions regime and registry to support SME financing and reform the Bankruptcy Act to support viable financially distressed companies and Non-Performing Loan resolution. It is expected that the government will undertake the necessary initiatives to achieve this realistic regulatory reform agenda. The envisioned improvement will help the country to attract, realize and sustain private investments for achieving their vision - 2041.