Bangladesh PM seeks support from US business for 2041 development goals

Bangladesh PM seeks support from US business for 2041 development goals

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These include bridge over Padma river, metro rail in Dhaka, tunnel under Karnaphuli river, expressway, modern international airport in Dhaka, power plants, etc, he said.

He said that the legal and financial infrastructure is also being enhanced, and this has strengthened our domestic and regional connectivity.

Sheikh Hasina said Bangladesh is currently one of the fastest growing economies in the world.

He added, “It is now the 35th largest economy, and is projected to become the 25th by 2030. This growth is due to a vibrant private sector, with American businesses making significant contributions.”

He also said that Bangladesh is leading in South Asia in many socio-economic indicators.

“Due to planned development efforts, the poverty rate has declined from 41 percent in 2005 to 18.7 percent in 2022 and the extreme poverty rate has reached 5.8 percent. GDP growth has been more than 6 percent in the last decade,” he said.

He said life expectancy is also remarkable, having increased from 46.6 years at the time of independence in 1971 to 73.4 years at present.

“Now almost all children are completing primary school. What is noteworthy is that the female literacy rate is 73.25 per cent, which is higher than the South Asian average of 65 per cent,” he said.

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