It is leadership and stable politics as well as government policies that paid off, analysts say as Bangladesh’s graduation from the LDC remains a miracle for many. In 2008-09 when the ruling Awami League first came to power after 1996, the Bangladesh GDP was $103.5 billion. A decade later, it rose to $330.2 billion in 2019-20. Export ear...
Bangladesh gets UN recommendation for graduating from LDC status Developing Country, Bangladesh, LDC, UN, Per Capita Income, Forex reserve, GDP Growth,
Bangladesh is becoming South Asia's "economic bull case", reported Wall Street Journal on March 3. WSJ's Hong Kong-based reporter Mike Bird claimed Bangladesh is notable in South Asia for being the "closest proxy" for the successful development models seen at various stages in South Korea, China, and Vietnam. Bangladesh provides the world wit...
The fiery March, month of independence, began today giving a heartbreaking reminder to the genocide that the Pakistani occupation forces carried out in the country from March to mid-December in 1971. The month of March is very significant in the country’s history as Father of the Nation Bangabandhu Sheikh Mujibur Rahman declared the count...
The United Nations Committee for Development Policy has recommended Bangladesh's graduation from Least Developed Country (LDC) status along with Nepal and Lao PDR. Taffere Tesfachew, chair of the CDP subgroup on LDCs, shared the decision of recommendation at a briefing last night after the second triennial review of the LDC category of UN CDP. ...
The country's foreign exchange reserves today hit a new record of $44.02 billion thanks to the upward trend of remittance and lower import payments, Bangladesh Bank data showed. The reserves, one of the major macroeconomic indicators of an economy, touched the $41 billion mark on October 28 and rose to $42 billion on December 15 and $43 billion...
Ajoy Dasgupta: Across the length and breadth of the country, the spree now going on among the people from all walks of life is registering for the coronavirus vaccine and waiting for one’s turn. While some adults might have some apprehension about the vaccination, children and women played the pioneering role in eliminating that fear sinc...
Just as it had been for past LDC status graduates, Bangladesh will also not face a lot of challenges afterwards for already having proven its economic resilience and potential for sustainable growth, according to a government study. It can be confidently stated that Bangladesh is going to graduate from its least developed country (LDC) status w...
More than 900,000 people have received their first dose of the coronavirus vaccine in Bangladesh in seven days since the mass inoculation began on Feb 7. On Sunday, the health workers administered over 169,000 doses across the country, according to the Directorate General of Health Services or DGHS. At the 47 hospitals in Dhaka, nearly 23,000 ...
Ajoy Dasgupta: Pervez Hoodbhoy, a columnist, penned an article for the Pakistani daily Dawn in February 2019, titled "Why Bangladesh overtook Pakistan". In the article, Hoodbhoy wrote, "The mega surrender of 1971 made West Pakistanis eat humble pie. But, even as the two-nation theory went out of the window, the overwhelming majority was loath ...
Ambassadors of Turkey and China, and the Indian High Commissioner have highly praised Prime Minister Sheikh Hasina’s leadership during the Covid-19 pandemic. They were addressing a special webinar titled "Political Leadership: Then and Now", organised by the International Affairs Sub-Committee of Bangladesh Awami League on 30th January 202...
Prime Minister Sheikh Hasina today formally inaugurated the COVID-19 vaccination campaign at Kurmitola General Hospital through videoconferencing from her official Ganabhaban residence. The much-anticipated inoculation drive began with vaccinating a nurse at first while some 20-25 frontline Covid-19 fighters, including physicians, nurses, healt...
Pranab Kumar Panday Like the whole world, the people and the government of Bangladesh have been passing through the worst ever time of the century due to the catastrophic effect of Covid-19 pandemic. In the most challenging time of the history when the citizens and the government should help each other overcome the pandemic triggered devastatio...
Jordanian Senate President and former Prime Minister Faisal Akif Al-Fayez has highly appreciated Bangladesh's over 5 percent GDP growth even during pandemic under the leadership of Prime Minister Sheikh Hasina. He was addressing a special webinar as the chief guest on Sunday. Bangladesh Embassy in Amman, Jordan organised the event to mark the ...
While the world is reeling under an economic crisis due to the Covid-19 pandemic, Bangladesh’s economy was able to escape a contraction in 2020 and its annual rate of GDP growth will continue to accelerate throughout the 2021-25 period, so says a think tank. Between 2021 and 2025, Bangladesh’s annual rate of GDP growth will accelera...
Professor Dr. Mamun Al Mahtab (Shwapnil): Amidst the COVID-19 pandemic, Europe was grappled with fresh round of alleged terror attacks, first in France and then in Austria, that made global headlines, something very unusual during these corona-days, when hardly any news unrelated to COVID-19 is to be seen anywhere in the front or back pages of ...
Economic activity in Bangladesh has recovered more strongly than expected with both exports and remittances growing in recent months amid the Covid-19 pandemic, said a new report of Asian Development Bank (ADB). But the country still has external risks to face as Covid-19 outbreaks renew in major export destinations, according to the new growth...
Sharif Shahab Uddin It would not be exaggerating to say that the killers of the Bangabandhu and the people who have broken his sculpture are equally criminals and the enemies of mankind as the Bangabandhu had dedicated his whole life for the welfare of mankind. By killing the Bangabandhu and vandalising his statue they have committed a dastardly...
Bangladesh Students' League (BSL) has demonstrated on Dhaka University (DU) campus demanding exemplary punishment and arrest of those involved in the vandalization of Bangabandhu Sheikh Mujibur Rahman's sculpture in Kushtia. Several hundreds of leaders and activists of different unit of Chhatra League gathered in front of Dhaka University's Mad...
Following the address of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, innumerable people from all walks of life – farmers, labourers, students and common people joined the Liberation War of Bangladesh. One by one other fearless fighter from the army, navy and air-force joined the war. Their endless courage and intellectual f...