When many foreign countries suffered a deep economic recession caused by the Covid-19 pandemic, Bangladesh tackled the situation making the right decision and doing the right thing throughout the year patiently.
Initially many feared that Bangladesh, one of the world's most densely-populated countries, would be affected badly by the Covid-19 pandemic. But the government led by Prime Minister Sheikh Hasina fought against the Covid-19 calling it a ‘war’ and kept country’s all sectors alive throughout the year amid many hurdles, different foreign countries and various indicators say.
Braving all sorts of hurdles and odds, the ruling Awami League continued moving the country forward towards development following the ideology of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, experts say.
Many world leaders and head of the sates lauded Bangladesh's remarkable economic growth despite the Covid-19 pandemic and attainment of capability in facing climate change challenges under the leadership of Prime Minister Sheikh Hasina.
Bangladesh's 5.21 percent economic growth during the Covid-19 pandemic as spectacular and it was a special success of Prime Minister Sheikh Hasina's extraordinary leadership, they added.
“Our economy is in good shape and heading towards the right direction despite the Coronavirus pandemic. We’re in such a good condition which is beyond our thoughts. I believe such trend would continue,” Finance Minister AHM Mustafa Kamal told journalists.
Under the leadership of Prime Minister Sheikh Hasina the government is also working hard to defeat the coronavirus pandemic, save lives and accelerate economic recovery.
Country’s foreign exchange reserves touched a new record of over US$42 billion amid coronavirus crisis.
On the other hand, the country’s remittance crossed $20 billion benchmark for the first time in the history. It is almost 42 percent more from the figure of the same time of previous year. It was $14.59 billion at the same time last year.
Remittance is the key driver to raise the reserve to the highest point. The remittance inflow raised the foreign exchange reserve to over 42 billion, according to the Bangladesh Bank.
Apart from these, country’s export earnings have also shown signs of a rebound, posting 0.76 percent year-on-year growth last month.
The export earnings of over $3.07 billion last month, however, missed the target by 8.2 percent, according to data published by the Export Promotion Bureau.
Besides, according to the official data of the National Board of Revenue, the overall revenue collection totaled Taka 87,092.71 crore during this five-month period against the target of Taka 1,12,959.83 crore.
Prime Minister Sheikh Hasina led government has transformed all possibilities into potentialities in building a digital Bangladesh.
The country has still not been fully successful in ensuring safe food for its people although the country has achieved self-sufficiency in food production amid Covid-19 pandemic and natural disasters including floods this year.
After a two-month closure, the government withdrew lockdown to resume the economic activities like most of the European and Western countries for the sake of the country’s economy.
The country initially imposed the nationwide lockdown on March 26 to stem the spread of the coronavirus and it was later extended several times until May 30.
Restrictions imposed on public transportation, businesses and almost all public and private organizations respectively were lifted and people returned to their respective workplaces.
However, all educational institutions remains shut since March.
And the government has extended its all-out supports to keep the academic activities from primary to university level continue through virtual classes and examinations so that the country’s students would not be affected.
On the other hand, government has been working to make people aware about wearing facemasks, following proper health guidelines and so on.
