The World Bank has called on the Bangladeshi government to implement regulatory reforms on the country's non-governmental organizations, or NGOs, to ensure their financial accountability. The bank questioned the way NGOs are run in Bangladesh, and said the laws relating to internal governance and financial transparency are inadequate.
Reuter news agency says the World Bank has asked Dhaka to consider creating an independent commission that would regulate NGOs in the country. Some of Bangladesh's NGOs are among the biggest in the world, have multi-million dollar budgets and employ tens of thousands of people.
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