When the Awami League unveiled its manifesto for the 2018 general election, it emphasises ‘continuity’, highlighting their successes over the last decade and outlining their target to attain developed country status by 2041. The strategy to get there was to maintain a consistently high rate of growth and clocking double digit GDP growth rates in post-2021. This was in line with the promise Awami League made to further their ‘inclusive growth’ agenda, an area where Bangladesh has already registered significant success.
The recently released special report of the Inter-governmental Panel on Climate Change (IPCC) paints a dire picture -- the global temperature has increased by over 1 degree centigrade over pre-industrial levels (mid-1800s).
The 2041 Perspective Plan seeks to transform Bangladesh from lower middle income to an upper middle income country by 2031 and
Foreign aid and development partners (donors) have played an important role in Bangladesh's growth story. Its importance has also been acknowledged by successive governments in Bangladesh.
Over the last decade, Bangladesh economy has sustained impressive growth in spite of significant challenges – scarce natural
Research done for the Perspective Plan 2041 (PP2041) exercise suggests that in order for Bangladesh to implement a green growth strategy to ensure consistency of growth and poverty reduction targets with environmental protection, Bangladesh needs to increase its spending on environmental protection and climate change related programmes from 1 percent of GDP now to 3 percent of GDP by FY2031 and to 3.5 percent of GDP by FY2041.
As one of the fastest growing economies in South Asia, Bangladesh continues to experience sustained economic growth underpinned by macroeconomic stability and strong domestic demand. The country has been growing at an annual average rate of 6 percent for the