According to a report titled 'The Top Heavy Global Economy', published by 'Visual Capitalist’, Bangladesh has emerged as the 35th largest economy in the global league table in 2022 with a GDP size of US$460.8 billion, a testament to real and measurable gains the country’s economy achieved in a space of decade under the leadership of Honourable Prime Minister (HPM) Sheikh Hasina. 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).
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Bangladesh has showcased a “strong record of growth and development, even in times of elevated global uncertainty” under the leadership of HPM Sheikh Hasina, Asian Lite International reported. A “robust demographic dividend, strong ready-made garment (RMG) exports, resilient remittance inflows and stable macro-economic conditions” have backed rapid economic growth in the past 20 years. From bringing millions of people out of the clutches of poverty and witnessing more than 6.6% average economic growth to sheltering more than a million displaced Rohingyas from Myanmar, the days of Bangladesh being in the news only for natural disasters have gone.
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HPM Sheikh Hasina said the next election will he held as per the constitution of the country and her government is ready to welcome election observers. “The next election will be held as per the constitution,” she said while four MPs of the British All-Party Parliamentary Group called on her at her office. “We follow your Westminster type of democracy. We do not have any problem if election observers come," she was quoted as saying. She said that Awami League as a political party has its long tradition of fighting for the restoration of democracy from the clutches of military rulers in the past. She urged the UK entrepreneurs to make investment in the 100 economic zones across the country.
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Women passengers are considering metro rail safer than other public transports, especially buses. Female passengers sometimes face untoward situations while travelling to bus or other transport. They would not have to face such an incident on the metro rail, think the women passengers who are traveling on the metro rail on the first day. Initially, the metro trains will run from 8 am to 12pm noon every day from Uttara to Agargaon stations without any stoppage. Launched by HPM Sheikh Hasina recently, the metro is a Japanese funded project. It will take 20 minutes to travel the 11.73km distance from Uttara to Agargaon, but soon it will come down to 16-17 minutes.
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Manufactured garments carried Bangladesh to another export income record in December, breaking the previous highest in November. In December, exports grew by slightly over 9%, reaching $5.37 billion, the highest in a single month. On the other hand, inward remittance maintained an upward trend in December for the second month in a row in the just-ended year that saw a seesaw movement in earnings from expatriates despite a record 1.1 million overseas jobs. Remittance inflow to the country increased by 4.23% year-on-year to $1.7 billion in December 2022 although full year earnings were lower than that of a year ago, according to the central bank.
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