The government has finalised the outline of an action plan highlighting growth of the economy at 9 percent by 2031, and 9.9 percent by 2041.
Under the plan, extreme poverty will diminish from 9.4 percent in 2020 to 2.3 percent by 2031 and 1 percent by 2041.
Besides, the plan has a target to reduce moderate poverty to below 3 percent by 2041.
The implementation will complete over a span of three more or in total four five-year plans.
The final outline is titled “Outline for the Implementation of Vision 2041: Perspective Plan for Bangladesh 2021-2041”.
The outline was officially released on Thursday at a programme titled “Making Vision 2041 a Reality: Perspective Plan of Bangladesh 2021-2041″ organised by the General Economics Division (GED) at the NEC conference room in the city. Planning Minister MA Mannan attended as chief guest.
Chaired and moderated by GED member of the Planning Commission Dr Shamsul Alam, Cabinet Secretary Khandker Anwarul Islam and Principal Secretary to the Prime Minister Dr Ahmad Kaikaus spoke on the occasion as special guests.
Dr Shamsul Alam also made a power-point presentation on the salient features of the Perspective Plan 2021-2041.
The Planning Minister said, “Bangladesh is on the right path for attaining its desired development goals, and if there is continued political stability alongside a good working environment, it would be possible to yield much more results, and overcome many situations,” he added.
The planning minister also said Bangladesh has a number of short and long-term plans like Annual Development Plan (ADP), Perspective Plan, Five Year Plans and the Delta Plan.
Dr Shamsul Alam, senior secretary and member of the General Economics Division (GED) of the Planning Commission said the Perspective Plan 2021-2041 is a living document and in 2030, the Plan might be reevaluated to reset the targets if necessary.
Earlier in February this year, the National Economic Council (NEC) approved the Second Perspective Plan of Bangladesh (2021-2041) in a bid to turn Bangladesh into a higher mid-income country by 2031, and a higher income and developed country by 2041.
The implementation of the country’s First Perspective Plan (2010-2021) is nearing completion.
In his presentation, Dr Alam said this historic outline document for the next 20 years is based on four institutional pillars which are governance, democratisation, decentralisation and capacity building.
According to these long-term plan projections, the country’s per capita income at the current price will stand at US$12,500 or more by 2041.
