Bangladesh is a true global champion in various sectors including GDP growth, poverty reduction, women empowerment, climate adaptation, says the World Bank. Abdoulaye Seck, the newly appointed World Bank Country Director to Bangladesh and Bhutan, made the remark while he paid a courtesy call on Finance Minister AHM Mustafa Kamal at his secretariat office. “Bangladesh's economic capacity is much better than that of any other country in Asia. Bangladesh has taken various timely steps to deal with Coronavirus under the leadership of HPM Sheikh Hasina which has helped maintain this growth”, he added. This statement stands as a shining testament to Honourable Prime Minister (HPM) Sheikh Hasina’s prudent leadership that led the country to a remarkable turn around over a space of a decade.

HPM Sheikh Hasina placed six proposals before the G20 platform, saying these are needed to be addressed collectively for sustained global economic growth and development of the “global south”. "Taking current global economy (amid Russia-Ukraine war and the Covid-19 pandemic) into account- it is high time to work collectively for a just and fair economic order," she said. The premier said this while addressing virtually the “Inaugural Leaders' Session" in the "Voice of the South Summit 2023" in New Delhi, India, from her official residence. She thanked the Indian government for inviting Bangladesh as a guest country to this important summit that would give them a unique opportunity to engage with their counterparts across the globe.

Bangladesh is now the 35th largest economy in the world, according to a report titled 'The Top Heavy Global Economy', published by 'Visual Capitalist'. Bangladesh and India were the only two South Asian countries considered to be part of the 50 largest economies in this list based on International Monetary Fund (IMF) statistics. Citing IMF statistics, Canadian online publication 'Visual Capitalist' reported this information on December 29. Countries are listed in terms of Gross Domestic Product (GDP). As per the report, Bangladesh is the 35th largest economies in 2022 with a GDP size of US$460.8 billion. Earlier, the rank of Bangladesh was 41st. According to the report, the neighboring country India has moved to the fifth place in the world economy.

The state-run Trading Corporation of Bangladesh (TCB) has resumed a campaign to sell essential items at a discounted price to some 10 million low-income families for the current month of the year. A family card holder is allowed to buy one kilogram (kg) of sugar at Taka 60, two-kg of lentil at Taka 70 per kg and two litres of soybean oil at Taka 110 per litre once a month under the initiative. Such operations of the TCB for the low-income group people would continue until the situation comes to a normalcy although the government had to provide Taka 5,000 crore as subsidy per year for such purpose.

Bangladesh’s readymade garments exports to India increased by about 50.31 percent to reach about $550 million during July-December in the current fiscal year. At the same time of the previous fiscal, exporters of Bangladesh exported $365.90 million to the neighboring country. According to media reports the export earnings to India are increasing due to geographical reasons with a lower cost of production. Besides, these earnings have increased rapidly as the country is now producing quality products, rising hopes that it will continue to grow in the coming days.

US National Security Council's Senior Director for South Asia Rear Admiral Eileen Laubacher, who held a four day- visit to Bangladesh, met the Foreign Secretary Ambassador Masud Bin Momen and praised the bold decision of the HPM Sheikh Hasina for allowing in and providing shelter to over a million forcibly displaced Myanmar nationals who were fleeing genocide. Furthermore, they discussed about different bilateral issues of mutual interests and priorities, particularly in the sectors of humanitarian assistance, Rohingya repatriation and resettlement, defense cooperation, indo-pacific strategy, development cooperation, maritime safety and security, strengthening capacities of the law enforcing agencies, and cyber security, among others.

HPM Sheikh Hasina's economic scorecard during her three successive terms as Bangladesh premier has been impressive. Bangladesh has witnessed phenomenal economic growth over the last 14 years, emerging as South Asai's fastest-growing economy and graduating from "less developed" to "developing" country. Efforts to sustain this growth through investments in infrastructure are visible across the country, which has built a road-cum-rail bridge on the Padma, spent generously on metro linkages, and augmented port infrastructure in the last few years. "A Smart Bangladesh will be founded on its smart citizens, smart economy, smart government and smart society," HPM Sheikh Hasina said, sounding confident about her return to power.