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LATEST NEWS UPDATES | At current pace, Bangladesh to end extreme poverty by 2021 -Dipanjan Roy Chaudhury

At current pace, Bangladesh to end extreme poverty by 2021 -Dipanjan Roy Chaudhury

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published Published on Nov 4, 2018   modified Modified on Nov 4, 2018
-The Economic Times

Bangladesh Prime Minister Sheikh Hasina, seeking reelection later this year, has vowed to eradicate extreme poverty by 2021 when the country celebrates 50 years of independence, riding on her success in alleviating poverty and pushing economic growth in a big way during the past decade.

Her government has taken several steps to reduce poverty, and by analysing the poverty reduction rate for the past five years, one can expect Bangladesh to achieve its goal by 2021, said sources who track poverty alleviation figures worldwide.

When the Awami League government assumed office in 2009, around 5 crore people were poor out of which 2.88 crore fell in the extreme poverty bracket. During previous term of the present government (2009-14), although population growth rate was 1.16% on an average, the number of poor and extreme poor came down to 3.85 crore and 1.57 crore, respectively. 45% of the extreme poor were pulled out of their condition during the past five years, according to senior Bangladesh government sources.

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The Economic Times, 3 November, 2018, https://economictimes.indiatimes.com/news/international/world-news/at-current-pace-bangladesh-to-end-extreme-poverty-by-2021/articleshow/66484544.cms?utm_source=f


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