Bangladesh a Booming Economy: Writes Sajeeb Wazed in Diplomatic Courier


A remarkable economic surge, taken place over the last seven years under the Awami League government, has made Bangladesh stand out as an exception in South Asia for having rapidly elevated the country to lower dependency ratios and higher per capita income.

According to a recent write up, published by Diplomatic Courier, by ICT advisor to HPM Sheikh Hasina, Sajeeb Wazed, between 2000 and 2010, the number of poor in Bangladesh dropped by 26% from 63 million to 47 million while the average Bangladeshi now lives 71.4 years, four years longer than in neighboring India and Pakistan.

Last year for the first time, foreign direct investment from other countries into Bangladesh surpassed $2 billion, a 44% increase from the year before.

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