Update of activities
Bangladesh Bank has been implementing the Central Bank Strengthening Project (CBSP) with financial assistance of the International Development Association (IDA). The objective of the project is to develop Bangladesh Bank into an effective and modern central bank through strengthening its capability to play due role as the country's monetary authority as well as regulatory and supervisory authority of the banking sector.
CBSP has the following major components and sub-components:
1. Strengthening the Legal Framework
2. Reorganization and Modernization of Bangladesh Bank
 a. Functional Reorganization
 b. Automation of BB
 c. Human Resource Development
3. Capacity Building
 a. Strengthening Research Department
 b. Strengthening Prudential Regulation and Supervision
 c. Strengthening Accounting and Auditing
In order to ensure coordinated and concerted approach towards achieving the overall objectives of the project, the core team in CBSP Cell is overseeing the implementation of various reform and automation initiatives.