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Editorial

Govt trying its best to keep country’s economy vibrant

Address the hurdles to sustaining inclusive growth


Bangladeshpost
Published : 27 Feb 2023 08:59 PM

While addressing a discussion virtually from her official Ganabhaban residence in the capital Dhaka commemorating the death of her former political adviser Dr SA Malek, Prime Minister Sheikh Hasina said her government has been trying its best to keep the country’s economy vibrant despite the world is going through a global economic recession due to the Covid-19 pandemic and Russia-Ukraine war.

Country’s people believe after tackling the odds and handling threat, Sheikh Hasina’s bold action has brought the country’s economy back on track. A conducive and business friendly environment is prevailing in the country due to liberal trade policy and various supports provided by the government in line with the aim to build the ‘Golden Bengal’- dreamt by Bangabandhu. 

Bangladesh has now emerged as an attractive destination for the foreign entrepreneurs, investors and importers.  Moreover, the implementation of several important mega projects including the Padma Bridge and increase in power generation has given momentum to the economy, which is playing a supporting role in attracting foreign investment and increasing export earnings.

Initiatives must be taken for

 creating more jobs both in 

the public and private sectors

As all factories, industries, mills, offices, hotels, motels, restaurants, tourist spots, shopping malls and all other business activities are running now in full, country sees strong economic growth. Besides, various stimulus packages were provided by the government to the affected industries and businesses have resulted in a turnaround of the export-oriented sector.

Apart from Covid-19 pandemic and Russia-Ukraine war, the government faced various natural disasters like flash flood and cyclonic storm which affected many districts of the country in the last three years. On the other hand, the prices of essential commodities have increased across the world, not only in Bangladesh, due to the impact of the Covid-19 pandemic and the Russia-Ukraine conflict.

Some elements led by BNP-Jamaat clique are now very active in plotting against the country and government as well. Like in the past, they have already stepped up their ill-efforts ahead of the next 12th parliamentary elections in order to overthrow the government and install a dictator being imbued with the anti-liberation thought.

It would be  a challenge for the government to keep the country’s economy vibrant in the coming days. Hence , in order to sustain the country’s economic growth and make it more inclusive, the government must take initiatives for creating more jobs both in the public and private sectors.