Breaking News
June 10, 2018 - PM for partnership with G7 nations on blue economy
June 10, 2018 - PM urges G7 leaders to take definite actions on Rohingya issue
June 10, 2018 - PM joins G7 Outreach Meeting
June 10, 2018 - BGMEA urges govt to review corporate tax, VAT
June 10, 2018 - Mild heat wave sweeping over country’s southern parts
June 10, 2018 - Vigilance teams working for smooth Eid journey: Quader
June 10, 2018 - Each person consumes 62.58gm fish compared to 60 gm in policy
June 8, 2018 - Duty imposed on polythene to promote use of jute bags
June 8, 2018 - Muhith unveils Tk 4,64,573cr budget for FY19 setting 7.8pc growth target
June 5, 2018 - Bangladesh’s democracy, economy now strong: PM
June 5, 2018 - Muhith to place budget at Jatiya Sangsad Thursday
June 5, 2018 - President, PM for proper management of plastic waste
May 24, 2018 - Advance rail tickets from June 1: Muzibul Hoque
May 24, 2018 - Widow allowance to be introduced in Dhaka soon: Menon
May 24, 2018 - Yeafesh for utilizing opportunities in scientific researches
May 21, 2018 - Amu asks BSTI to strengthen anti-adulteration drive in Ramadan
May 21, 2018 - Govt to build 1.28 crore skilled workforce by 2030
May 21, 2018 - ACC plans sudden drive to check bribery during Ramadan
May 19, 2018 - Mobile phone sets worth Tk 2.9 crore seized
May 19, 2018 - President to host iftar for ulema, FFs, orphans tomorrow
May 19, 2018 - Investigation on journalist incidents underway: Kamal
May 17, 2018 - Country’s people to reject BNP in next general election: Quader
May 17, 2018 - Ridiculing physically challenged violates law: Info Ministry
May 17, 2018 - Ant-liberation forces in public jobs to be identified: Shajahan Khan
May 16, 2018 - Imran Ahmed FCA, Chief Operating Officer of NRB Bank Limited and Kelly Lewis, General Manager of Amari Dhaka, exchanging an agreement signing documents at the hotel in the city recently. Under the deal, Credit Cardholders of the bank will be privileged with Buy 1 Get 1 Free iftar dinner buffet during Ramzan whereas Credit Cardholders will enjoy 2 Iftar Dinner buffet at the cost of one. Senior officials from both the organizations were also present.
May 16, 2018 - Md Enamul Kabir Khan, Chairman of Khan Brothers Equi-Build Ltd, a sister concern of Khan Brothers Group and Roger S Che, Director (Asia Region) of SIGMA Elevator Distributorship sign a MoU at a city hotel recently. State Minister for Labour & Manpower Employment Md Mujibul Haque Chunnu was present there as the chief guest, while Shamim Osman MP was present as the special guest.
May 16, 2018 - Md. Zakiullah Shahid, Chairman of Prime Insurance Company Limited, poses with the participants of a scholarship cheques handing ceremony who got GPA-5 (Golden) in their respective PSC/JSC/SSC/HSC/Dakhil/Alim/’O’ Level/’A’ level exams held in the year 2016 and 2017 held of the company head office in the city on Monday. Mohammodi Khanam, CEO of the company among others were present.
May 16, 2018 - Verdict of 2004 grenade attack soon: PM hopes
May 16, 2018 - PM slates Israel’s use of force in Palestine
May 16, 2018 - BNP spreading falsehood over KCC Polls: Nanak
Experts appreciate country’s success in economic field in 9 years

Experts appreciate country’s success in economic field in 9 years

DHAKA:Bangladesh economy has achieved remarkable successes in all socio-economic indicators in the last nine years from 2009 to 2017 because of the government’s inclusive and pro-poor policies, according to experts.

“Bangladesh has achieved remarkable successes in various socio-economic indicators, including GDP growth, per capita income, food production, remittance, inflation, import and export in the last nine years,” Finance Division Secretary-in-Charge Mohammad Muslim Chowdhury told BSS here yesterday.

The most significant achievement was that the economic growth, which accelerated to 7.28 percent in 2016-17 financial year (FY17) from 5.57 percent in 2009-10 fiscal (FY10) and the average GDP growth during the period was 6.44 percent.

In FY17, per capita income rose to US$1,610 from $843 in FY10 and investment increased to 30.27 percent of GDP in FY17 from 26.25 percent in FY10. During the same period, export increased to $34.85 billion from $16.23 billion, remittance increased to $12.77 billion from $10.99 billion, foreign exchange reserve increased to $33.41 billion from $10.75 billion and Annual Development Programme (ADP) size increased to Taka 1,107 billion from Taka 285 billion.

Muslim Chowdhury said inclusive and pro-poor policy programmes of the government have largely contributed to the reduction of poverty and inequality along with ensuring commendable economic growth.

“Moreover, social mobility and women empowerment have improved largely and Bangladesh has moved further in human development index as well,” he added.

In FY16, female participation in labor force increased to 36 percent from 29.2 percent in FY06 and the expected average life expectancy in 2006 was 66.5 years which increased to about 71.6 years in 2016. In 2006, the number of death in terms of maternal mortality was 3.37 per thousand which reduced to 1.78 per thousand in 2016.

Talking to BSS Center for Policy Dialogue (CPD) Khondaker Golam Moazzem said, “Despite some political unrest, Bangladesh economy has taken to positive shape in the last nine years. The country has achieved Millennium Development Goals (MDGs) successfully, now it is moving forward to achieve the Sustainable Development Goals.”

Over the last nine years, he said, Bangladesh has been able to achieve inclusive growth by maintaining over 6 percent GDP growth and developing infrastructures across the country.

During the period, Moazzem said, the government gave priority to electricity, gas and communication for developing infrastructures and making the country an investment hub for both local and foreign investors.

“Due to delay in the implementation of mega projects, private sector investment growth was not as per the expectation. The government should play a more vital role to implement the mega projects in scheduled time,” he added.

He urged the authorities concerned to increase the economic reform activities for achieving over 8 percent GDP growth.

World Bank lead economist in Dhaka Dr Zahid Hossain said, “Bangladesh has made success in socio-economic indicators, including poverty alleviation and human resource development. The government should take more effective measures to sustain the economic progress in future.”

According to the finance ministry, the average forex reserve was US$19.68 billion during 2009-17 period while the average budget size was Taka 2,035.88 billion. During FY17, the budget size was Taka 3,172 billion and the government estimated Taka 4,003 billion for 2017-18 financial year.

About author

Leave a reply

You must be logged in to post a comment.

AWARD

Reflection Team

বাংলা

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

ভেঙে পড়ছে গ্রিসের অর্থনীতি। দুই মেয়াদে ক্ষমতায় এসেও সিপ্রাস সরকার চিত্রটা পাল্টাতে পারেনি। দিন দিন বাড়ছে বেকারত্ব। গোটা দেশটার আর্থ-সামাজিক…

Recent Video

Photo Gallery

Folder not found
wp-content/uploads/2012/02/