State of the Bangladesh Economy: Economy on strong recovery path

The year 2021, the 50th anniversary of Bangladesh independence and 100th birth centenary of Bangabandhu Sheikh Mujibur Rahman, was a milestone in more ways than one. Today, Bangladesh is no longer remembered as an impoverished and resource-poor nation subjected to frequent natural calamities. Rather, it is hailed by international analysts for its economic progress as a dynamic exporting economy, for its successful fight in reducing abject poverty of millions, for making significant strides in several aspects of human development relatively better than its peers, and even becoming an icon in disaster management for others to emulate. Bangladesh, at 50, has earned a respectable place in the comity of nations, no longer to be derided as a “basket case”, but to be surely acclaimed as a “development paragon”. Admittedly, there were and still are missed opportunities for doing even better throughout this long journey and beyond.

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