Bangladesh is ahead of India and Pakistan in many economic and social indicators. This is our big achievement. Bangladesh has now become a case study of economic development in the world, which few economists could have predicted. When Bangladesh overtook Pakistan in economy growth in 2006, many dismissed it as a fluke. But since then,
Sri Lanka and Pakistan must follow ‘Bangladesh Economic Miracle’ model to avert their economic crisis. As Sri Lanka and to some extent, Pakistan is going through an economic recession, their South Asian neighbor ‘Bangladesh’ has confirmed as a South Asian Economic Miracle’. As Bangladesh marks its 51th independence anniversary this year, its tremendous economic growth
The South Asian Island nation, Sri Lanka is facing the challenge of the worst economic recession in history. Sri Lanka’s economy has collapsed. The facilities of the citizens are also being closed. Sri Lanka is going through a difficult time in the midst of political and administrative crises. The collapse of the tourism industry, the
Bangladesh recently celebrated its 50th founding anniversary. In 1972, Henry Kissinger, the US Secretary of State, described Bangladesh as a “bottomless basket” for an independent country. On the other hand, in 1976, Norwegian economist Just Faland and American economist JR Parkinson published a book from London called ‘Bangladesh the Test Case for Development. The book
In March 2014, Malé decided to close its High Commission office in Dhaka because of the reduction in the annual budget. At that time, Dhaka offered to pay the rent for the Maldives’ embassy office and bear other local official expenditures in Dhaka. Though the Maldives politely rejected this offer, this implies the closeness and
Bangladesh has improved its quality of life, economic strength and prosperity, education and research in every field. And that is why in the past Bangladesh was said to follow the developed countries to move forward, today the countries of Africa are being urged to look forward to that Bangladesh. No development in Bangladesh today is
Debt-ridden Bangladesh a few years ago is now a country of unprecedented success in debt relief. The world today looks at Bangladesh in amazement. Bangladesh only borrowed from other countries or organizations. Now that history has changed and started giving loans. Bangladesh has given loans to Sri Lanka and Sudan. Bangladesh gave a loan to
Bangladesh’s ability to spend money has increased even earlier. Ability to borrow and repay foreign loans has also increased. In the meantime, Bangladesh has also written its name in the list of middle-income countries. Top 10 Mega Projects in Bangladesh such as Padma Bridge, Dhaka Metro Rail, Dhaka-Chittagong Elevated Expressway, Dhaka to Chittagong Express Railway, Dhaka-Sylhet 4
Trade potential in multiple sectors: Many Bangladeshi products have bright potential in the Sri Lankan market. Similarly, there are huge possibilities for Lankan products in Bangladesh. Now it is high time to address the need to increase the participation of the private sector in the two countries. Sri Lankan entrepreneurs should invest in Bangladesh to
Upcoming December 16, 2021 is knocking on the door. Bangladesh will celebrate its 50th anniversary of victory day with full spirit. On December 16, 1971, almost 93,000 Pakistani soldiers surrendered in Dhaka, leading to the creation of the sovereign nation-state of Bangladesh. Dec. 16 is Victory Day in Bangladesh. On this day in 1971, some
