Bangladesh moving forward

Henry Kissinger belittled our country by calling it ‘bottomless basket’ in the 1970s. But this ‘bottomless basket’ is now full of hope and potential. Proving his prediction of hopeless economic situation wrong, Bangladesh is now moving toward with great economic progress. 

Bangladesh has seen a solid 6 % constant average economic growth since the early 1990s. Such balanced economic growth not only caught eyes of economists around the globe but also big organizations like world bank which termed the economic steadiness as “development paradox”  due to the negative attributing of economic pliability. Bangladesh is part of Goldman Sachs’ N-11, otherwise known as eleven emerging countries, with pristine potential have the ability to be one of the prominent economies by 21st century. Furthermore, an increase in social development index also catching the attention from the United Nations.

To ensure its economy is unbridled in advancement, an all-encompassing approach has been taken. Adapt policies enchains a further deviation from the existing inflations to a tolerable single digit. In bringing about the success for “Digital Bangladesh” by 2021, digitization is seen widespread in each clusters of governance.

Aside from the economic factor, Bangladesh has significantly progressed in social sector. A reduction of about half of the number in income poverty is observed. Bangladesh has successfully fulfilled many objectives for the Millennium Development Goal (MDG). For its promptness in achieving targets, the UN has awarded the government.

Attainment of self-sufficiency in food grins is appreciated much since this country is burdened with population. In NGO, its leadership is continued. BRAC is supposed to be the largest international NGO owing to its huge number of employees and beneficiaries. Bangladesh has also introduced the world with terms including ‘micro-credit’ and ‘social business’.

The success stories mirroring the aspirations of common people printed everyday by the resolute and free electric and print media are unlimited. Emerging Civil Society of Bangladesh is building up a firm base. Pharmaceutical industry is an example of such fastness in industries.

Bangladesh is experiencing a steady growth and the future looks bright.

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