toroffms-mgsp,bmdf.docVIP

Bangladesh Municipal Development Fund (BMDF) Municipal Governance and Services Project (MGSP) Terms of Reference for Financial Management Specialist Background Bangladesh is one of the most populous as well as one of the most densely populated countries in the world. About 28% of its 150 million people live in the urban areas of the country. Urban governance remains a key challenge to harness Bangladesh’s growth and poverty reduction. In response to the urban governance challenges, the Seventh Five Year Plan (SFYP) of the Government of Bangladesh lays out the government priorities to address human service delivery deficiencies and to further reduce urban poverty. The government, through the Local Government Engineering Department (LGED) and Bangladesh Municipal Development Fund (BMDF) is implementing the Municipal Governance and Services Project (MGSP). The project aims to improve municipal governance and basic urban services in participating urban local bodies (ULBs), and improve the recipient’s capacity to respond promptly and effectively to an eligible crisis or emergency. The project has four components: Component 1 (Municipal Governance and Basic Urban Services Improvement) aims to provide financial support to 26 pre-identified ULBs, which have high economic growth and job creation potential, and are located along the three growth corridors and three district towns in the southern part of Bangladesh. Component 2 aims to provide demand-based sub-credits to eligible ULBs for basic urban services improvement investment costs, at an 80:20 grant to loan ratio. Component 3 provides capacity building and technical assistance to GOB and ULBs and project implementation support to the Project Management Units of the project. Component 4 will support any GoB request for assistance to respond to adverse natural or man-made disasters. The BMDF Component The BMDF component provides financing to urban local bodies (ULBs) through a mix of loans and grants for improvemen