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Bangladesh has been lauded for its poverty-reduction efforts and hailed a “stabilising force” in South Asia
December 2011
         

Accomplishment beyond expectation

In forty years since independence this undersized country has achieved oversized feats, but how?
Bangladesh’s Prime Minister Sheikh Hasina has affirmed before parliament that her government is “for the people, by the people and of the people.” She further echoed this sentiment when she visited David Cameron at Number 10 on January 27, 2011, saying: “My agenda is very clear, I want to build up my country as a poverty-free, illiteracy-free country, and I want to make sure that our people get healthcare, health service and education.”

In the past, Bangladesh has been unfairly satirised as “Bang-the-dish” and it has come a long way since Henry Kissinger dubbed it an international “basket case” 40 years ago. In fact, last year the Wall Street Journal suggested that Pakistan could learn about economic growth and confronting terrorism from its former eastern province in an article headed “Bangladesh, ‘Basket Case’ No More”.

The UN has also lauded Bangladesh in its progress toward achieving its Millennium Development Goals, Bangladesh was one of six countries in Asia and Africa feted for its progress toward achieving those goals. It has a rapidly expanding economy and is one of the world’s major exporters of ready-made garments.

The world’s third most populous Muslim-majority country has also taken a strong stance against global terrorism and confronts any radical ideology that may fan its flames. During a recent three-day visit, German President Christian Wulff called Bangladesh a “stabilising force” in South Asia and commented: “Bangladesh is a key partner for Germany when it comes to tackling global challenges, including the question of how we can together contribute to improved understanding across cultural and religious boundaries.”

Bangladesh was previously the breadbasket of the region, earning it the name “Golden Bengal” in pre-industrial days. Its infrastructure was destroyed during the war of independence of 1971. In addition, natural disasters hit developing countries hardest and Bangladesh was recently identified by the Global Climate Risk Index as the country most affected by extreme weather events between 1991 and 2010. Unsurprisingly, the government is tackling global climate change, food security and poverty confidently.

In 2005, the poverty rate in Bangladesh was around 40 per cent; by the end of last year it had fallen to 31.5 per cent, putting the government’s Poverty Reduction Strategy on a good footing to hit its goal of lifting 12 million people out of poverty by 2015.

So what is behind the poverty rate falling by almost a quarter in just five years? In a recent interview with The Washington Post, the Prime Minister attributed it to a combination of factors, saying: “We have been trying to find the root causes of poverty and how we could reduce it. We wanted to ensure food security so we put all our force into producing more food and also the distribution system so that food should first reach the poorest of the poor. Then we tried to create job opportunities for them in the rural areas. Now our farmers can open bank accounts with 10 taka [8 pence], a very small amount, and the subsidy we give goes directly to the farmer. So they use this money for cultivation and also it creates job opportunity.

“We also established one bank to create job opportunities for the younger generation. Without any collateral, they can take out a loan from the bank to start a business. I believe that educating our people will also help to reduce the poverty level. So our education is free up to primary level for everyone, and for girls it is free up to high school level.”


BANGLADESH PROJECT TEAM:
Andrew Machaj, Sophia ShepoDd, Max Gajdel

REGIONAL DIRECTOR:
Vincent Rifici

Comments
Dalton Talukder
Monday, Dec 19th 2011
Thanks to Honourable Prime Minister Sheikh Hasina for her glorious success!
dreemy
Monday, Dec 19th 2011
nice but one sided
Jehangir haque
Monday, Dec 19th 2011
Bangladesh is a developing country It only can go forward
From strength to strength.

Only thing has to stop is bickering between political leaders and band the student politic.
Muhammad Morshed Alam
Monday, Dec 19th 2011
This article is very true in case of a developing country like Bangladesh. I wish future success of PM Shekh Hasina government... ...
Hossain
Tuesday, Dec 20th 2011
This is a nice article. I believe Bangladesh has improved a lot since its independence in 1971. Bangladesh is the 8 remittance earner country in the world, 3rd ready made garments exporter, one of the top outsourcing country. We are proud to Bangladeshi.
Time Also Earn By Hassina of Bangladesh!
Tuesday, Dec 20th 2011
Time Also Gulity
Latif Miah
Thursday, Dec 22nd 2011
Best SUPPLEMENT I have read since the begining of 2011.
"Joy Bangla Joy Bongobondhu"
Shahriar Ahmed, Shumon
Wednesday, Dec 21st 2011
PM Shek Hasina and her government made us proud. I can proudly say I am a British Bangladeshi. I wish the PM Shek Hasina and Govt all the very best with future success.
Md. Mukhlesur Rahman
Saturday, Dec 24th 2011
Very nice article. I think it is help for foreign investment.

Thanks Bangladesh.
Muhammad Ali Bukhari
Saturday, Dec 24th 2011
My postmortem on this country folio appeared in www.banglanews24.com at following link: http://www.banglanews24.com/detailsnews.php?nssl=15c3eb84ab523c242cd2814e1f76dc01&nttl=2312201176335
 
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