Economic Reporter :
Finance Minister AHM Mustafa Kamal on Monday hoped that there would be significant improvement in reducing poverty rate in Bangladesh in the next 2 to 3 years as the government is in the right path to eradicate poverty and it already in a war against hunger and poverty.
“Our extreme poverty rate is less than 10 percent. But, the rate in upper poverty line is hovering around 19-20 percent. It has to be taken care of,” the finance minister said while addressing the launching ceremony of the World Bank report titled ‘Bangladesh Poverty Assessment: Facing Old and New Frontiers in Poverty Reduction’ at a city hotel.
Kamal said the government in this year increased the coverage of the social safety net programmes and targeting specific groups and classes of people so that they could come out of poverty.
He also noted that there is no reason even a single person would go back to the poverty line again while the GDP growth rate would not reduce as because of the working age population and the demographic dividend which the country would continue to enjoy.
Finance Minister AHM Mustafa Kamal on Monday hoped that there would be significant improvement in reducing poverty rate in Bangladesh in the next 2 to 3 years as the government is in the right path to eradicate poverty and it already in a war against hunger and poverty.
“Our extreme poverty rate is less than 10 percent. But, the rate in upper poverty line is hovering around 19-20 percent. It has to be taken care of,” the finance minister said while addressing the launching ceremony of the World Bank report titled ‘Bangladesh Poverty Assessment: Facing Old and New Frontiers in Poverty Reduction’ at a city hotel.
Kamal said the government in this year increased the coverage of the social safety net programmes and targeting specific groups and classes of people so that they could come out of poverty.
He also noted that there is no reason even a single person would go back to the poverty line again while the GDP growth rate would not reduce as because of the working age population and the demographic dividend which the country would continue to enjoy.
