Tuesday, January 7, 2014

Good Future for Bangladeshi Economy?

I was born just after a few years of Bangladeshi independence and have experienced most of the major events of the country as I was born and stayed almost all my life in the capital city Dhaka. In my childhood, I can never imagine of seeing traffic jam. However, now, except Friday, all the parts of Dhaka are full of traffic. Yes, most of the time, it is intolerable but then, it indicates that economic activities are growing.
For the last few years, Bangladeshi economy grew at a rate of near to 6%. China had its double digit growth. India did not quite make the double digit growth but it has enjoyed around 8% growth for a number of years. Now, perhaps the time has come for us. Double digit growth still looks to be out of reach but it is not impossible. I am hopeful about it because of the fact that education rate is improving right from the primary to university level. Enrollment is improving in every level of education.

2013 was a challenging year for the economy and 2014 looks to be another tough year too. Let us hope that the country can overcome the political problems and move forward. 

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