Bangladesh targets 7.8% economic growth in new fiscal year

[DarkPrince]

I sense Sour grapes here.

You should talk about our corruption and mismanagement not luxury car and villas.

 

[Khan_21]

You should talk about our corruption and mismanagement not luxury car and villas.

Well you are certainly much more corrupt than us.

https://www.transparency.org/news/feature/corruption_perceptions_index_2017

 

[N.Siddiqui]

Well you are certainly much more corrupt than us.

Lol !! B'deshis should eat the humble pie now...BTW that was quick.

 

[bête noire]

Think that you are still undecided, to love or hate the country, or hate to love, or love to hate...something in between, was actually replying to @Homo Sapiens regarding the cleanliness in Lahore w.r.t Dacca. That was not about just roads...though the first thing you observe in a city are the roads, the road cleanliness and discipline.

In higher education Pakistan is doing well actually there are 10 Pakistan universities in QS top 300 Asian ranking, Bangladesh has got 1 university in that ranking.

Many other things HDI has smaller differences except for the infant mortality, Pakistan rank is higher like in per capita income, literacy rate is higher for B'desh. Hope it hasn't got the same benchmark as India had...anyone who can scribble his name in India is considered as literate.

I don't hate Pakistan, FAR from it. If I had any power in foreign policy making inside BD, I would certainly try making Pakistan the best economic partner as well as defence tech buying partner. Would have had very positive growth for both countries to grow together with each others cooperation. If we had good relation BD could also have had a say over what defence gears PK can sell to Myanmar if BD can have major buying share of PK defence exports and BD could look to PK's interest too. I see PK as country being far enough with no border sharing making it zero threat and close enough to have very close economic relationship.

I see having good economic and defence cooperation as a massive opportunity. BD could reduce dependancy on India and import raw materials for our export basket RMG from Pakistan where it's available and cheap a lot too because of currency devaluation. BD can also up it's defence a lot by learning and buying from Pakistan. Our relation would have put a lot of pressure on India on Teesta (major deal for our country), have them be on our side instead of pretending to be neutral all the while being on Burma's side.

I am not being "against" Pakistan. I am simply putting forth argument that just because beautiful wide roads aren't nearly as available in BD, doesn't mean BD is worse. We are good at what I consider more important than having the world class highways that remains nearly empty when you could have just made narrower highways with plans for future widening when the need comes and spends the extra money on basic human needs. Things like literacy, child mortality and so forth are very important, much more than wide world class highways. You can of course show them off and thats good that you have them but it's certainly not an argument against BD just because BD decided to spend money on where I think is more important.

 

[Bilal9]

ভাই, ঐ তামিল সাইকো টা সবকিছুর নাটের গুরু । ও নিজে সারাক্ষন ওঁত পেতে থাকে কোন কিছু একটা নিয়ে এখানে ঝামেলা তৈরী করার, আর সুযোগ পাওয়া মাত্রই ও চারিদিকে ট্যাগ করা শুরু করে দল ভারী করে ঝাঁপিয়ে পরার জন্য । এই থ্রেডটা এতবড় আর তিক্ত হওয়ার একমাত্র কারন হলো ও । সব থ্রেডে একই কাহিনী । ও খুব ধুর্ততার সাথে যে কোন পুরোপুরি বাংলাদেশ বিষয়ক থ্রেডকে বাংলাদেশ বনাম পাকিস্তান বাকযুদ্ধ বানিয়ে ফেলে । ওর প্রধান অস্র হলো নিজে একগাদা বস্তাপচা রাবিশ পোস্ট করা আর চারিদিকে ট্যাগিং শুরু করা । যাদেরকে ও ট্যাগ করে তাদের বাংলাদেশ বিরোধী মনোভাবটাও ওই উসকে দিয়েছে দিনের পর দিন । এটা এক অদ্ভুত মনোজাগতিক বিকার । দেখে শুনে মনে হয় ও দীর্ঘমেয়াদী এক প্রতিশোধ মিশনে নেমেছে বাংলাদেশী পোস্টারদের বিরুদ্ধে যারা ওকে পাত্তা দেয় না । ওর একমাত্র ধ্যানগ্ব্যন কিভাবে আমাদেরকে শায়েস্তা করা যায় । ও যে বাংলাদেশের সবকিছু ভুল, মিথ্যা প্রমান করতে আদাজল খেয়ে নেমেছে, এর একমাত্র কারন হলো ও আমাদেরকে ভুল, মিথ্যা প্রমান করতে চায়, আমাদেরকে অন্যদের দ্বারা অপদস্থ করিয়ে প্রতিশোধের আনন্দ নিতে চায় । ওর পোস্টের ধরন আর ট্যাগিং এর বহর দেখে এটা সুস্পষ্ট ।

Whatever, we should not fall for this trap. Pakistan is a distant country, whether they are ahead of us or not, matter little for us. If someone says Pakistan is a better, prosperous country that Bangladesh, just say 'yes, I agree', to avoid these hassle.We know very well what is our strength and what is our weakness. Make the troll brigade out of job.

@UKBengali @Mage @Black_cats @Ashik Mahmud @TopCat @Michael Corleone @Species @PersonasNonGrata @sbmc27 @Cycle Macson @BDforever

আমার মনে হয় মডদের কে (আমি ওয়াজ ভাই এর কথা বলছি) আমাদের সবাই মানে আমি, আপনি এবং অন্ন্যান্নরা একটা অফিসিয়াল চিঠি দেয়া উচিত। অন্তত বাংলাদেশ সেকশন এ ওর নিজের এবং ওর বিভিন্ন একাউন্ট গুলো যাতে কোনো পোস্টিং করতে না পারে। নাহলে এখানে এসে প্রত্যেকটা থ্রেড নষ্ট করার চেষ্টা করবে। আমরা সবাই এখান থেকে বার হয়ে অন্যান্য ফোরাম এ যাবো কিনা (যেমন বাংলাদেশী ডিফেন্স ফোরাম) সেটাও একটা আলোচ্য ব্যাপার। যদি মড রা কিছু করতে না চায় তাহলে ওটাই সবচেয়ে ভালো ডিসিশন।

I don't hate Pakistan, FAR from it. If I had any power in foreign policy making inside BD, I would certainly try making Pakistan the best economic partner as well as defence tech buying partner. Would have had very positive growth for both countries to grow together with each others cooperation. If we had good relation BD could also have had a say over what defence gears PK can sell to Myanmar if BD can have major buying share of PK defence exports and BD could look to PK's interest too. I see PK as country being far enough with no border sharing making it zero threat and close enough to have very close economic relationship.

I see having good economic and defence cooperation as a massive opportunity. BD could reduce dependancy on India and import raw materials for our export basket RMG from Pakistan where it's available and cheap a lot too because of currency devaluation. BD can also up it's defence a lot by learning and buying from Pakistan. Our relation would have put a lot of pressure on India on Teesta (major deal for our country), have them be on our side instead of pretending to be neutral all the while being on Burma's side.

I am not being "against" Pakistan. I am simply putting forth argument that just because beautiful wide roads aren't nearly as available in BD, doesn't mean BD is worse. We are good at what I consider more important than having the world class highways that remains nearly empty when you could have just made narrower highways with plans for future widening when the need comes and spends the extra money on basic human needs. Things like literacy, child mortality and so forth are very important, much more than wide world class highways. You can of course show them off and thats good that you have them but it's certainly not an argument against BD just because BD decided to spend money on where I think is more important.

My sentiments exactly! Excellent post!!

 

[Homo Sapiens]

Lahore gets lion share of Punjab's development budget not Pakistan's.

Why should it even get the lion share of Punjab? as far as I know, most of the development spending is done by state govt. because aside from state govt. own tax resources, a big chunk is obtained from federal govt. in form of state transfer. Punjab being the largest state get the majority development budget(own+federal transfer). So Lahore not only getting a lion share of Punjab but also a big portion of Pakistan as a whole.Punjab has 110 million people, out of which 11 million in Lahore, 10 percent of total.So a city which have only 10 percent population is getting 58 percent of development spending.Isn't it pervasive? Looks like Rest of Punjab has turned into another East Pakistan.

 

[Bilal9]

Lol !! B'deshis should eat the humble pie now...BTW that was quick.

Yaar are we going to get into contest now, who has the biggest chors?? It's because of chori that our countries are in this sad situation. Chori is fine when you have money to go around. If you steal when there is none - well you know the current situation in Pakistan better than I do.

And Thank Allah for the Panama papers, there should be more leaks going forward. Only weapon against these looters.

 

[Species]

The only defeat Pakistan faced was 71, when 34,000 Pakistani troops surrendered. Although it was a humiliating defeat but we should be sane enough to accept the factors that contributed in that defeat. Some to mention includes,

• Home ground was 1500 km away.
• No direct or connected supply route from home ground.
• The turf was surrounded by enemy home ground from 3 sides and the sea had entire coast line spread for thousands of miles of enemy, not to forget the air route was surrounded by enemy too and it was ban for any Pakistani military or civilians flights.
• The turf was crawling with hostile terrorists who were trained and pushed in by indians, the size of these terrorists alone was 15 times bigger than that of Pakistani soldiers.
• The population was brainwashed and rebellious.

You are right, now rewind a bit and take a look at why the war took place in the first place. Had those tribal generals of Pakistan Army didn't get influenced by traitor Bhutto and handed over the power to the elected representatives of Pakistan in March 1971, the war would have never taken place.

Now rewind even further. There was a civilian aircraft hijacking in IoK in January 1971 where the hijackers belonged to a Kashmiri separatist group. While Sheikh Mujib asked them to condemn the incident, the military junta of Pakistan, again under the influence of traitor Bhutto, hailed the hijackers as national heroes. This eventually prompted India to impose a no fly zone over its territory for all Pakistani aircraft which later significantly affected the logistical and troop movements of Pakistan military in the war.

Analyse these chain of events. Your leaders have always fell into the trap of Indians and the local traitors and later on they successfully convinced you to believe whatever they portray. This is no different to how some Pakistanis here easily get coaxed by the Indian trolls and rally behind them in this subforum.

Years after that Pakistan had a skirmishes with Soviets and Israel and Pakistan was successful. Then again Pakistan had skirmish with India and Pakistan liberated commendable chunk of occupied Kashmir which was later lost due to political pressure, still a strategic peak was kept under control even today and it oversee entire posts of indian forces and serves as excellent vantage point for the road where the supplies goes to Siachen. From 2001 until 2018 there are several standoffs and skirmishes where Pakistan's result is way better.

There is nothing to show off in skirmishes with Indian troops. They are timid bunch and will just flee the battlefield if there is no air support. We annihilated them in 2001 but that's nothing to show off.

Talking about actual conflicts, in the wars before 1971 when we were part of Pakistan, Pakistan successfully added 40% of Kashmir to its territory from India. In the wars after 1971, after we left Pakistan, it handed over the strategic Siachen Glacier and adjoining areas to India.

As for Bangladesh, we added 40sq kms of Indian territory into Bangladesh, including the disputed area where the Bangladesh-India border conflict took place in 2001, along with 19,000 sqkm of Indian maritime territory into Bangladesh's territorial waters.

Politically, we have sustained pro-Bangladeshi governments in the neighbouring West Bengal and Tripura states for decades while being able to steadily increase the percentage of Muslim population in Assam.

 

[Homo Sapiens]

We are good at what I consider more important than having the world class highways that remains nearly empty when you could have just made narrower highways with plans for future widening when the need comes and spends the extra money on basic human needs.

Exactly, I have seen both American interstate highways and Chinese inter-provincial expressways. Vast majority of them are 4 lane. Some are 6 lane and some are 2 lane. They being the largest and 2nd largest economy considers 4 lane to be appropriate for their need. While Pakistan is building 6 lane motorway by borrowing money with high interest rate. Pakistan's motor vehicle fleet is a fraction of America or China. So it is certain that these 6 lane motorway will be under utilized for many decades. Not only that, Pakistan has to bear maintainence cost of these motorways without getting any extra benefit. They could have built 4 lane motorway cheaper than 6 lane motorway and put those extra money to build many thousands primary schools. But priorities are lopsided in Pakistan it seems. In all account, these are turning out to be white elephant projects whose pain Pakistanis will feel when interest payment will start biting.

 

[American Pakistani]

Maybe after Pakistan regains its sovereignty from US drone strikes.

Those attacks were authorized by Pakistan itself to target mutkia type ttp terrorists. They did a brilliant job.

 

[BetterPakistan]

Given Pakistan higher population your per capita GDP is already lower than ours. I fail to see the reason for chest thumping on your part.

Absolute size of economy is a good comparison but only in context of other factor being equal.

Per capita GDP/GNP is a traditional method of comparison between countries. I don’t even know why I am even writing this basic statement....

Let BD look forward and best wishes to others, we don’t have anything further to prove.

The best thing is to compare GDP PPP and this tool is specially used in economics and not chest thumping from my side just was clearing that Pakistan GDP is still more.

 

[American Pakistani]

Why should it even get the lion share of Punjab? as far as I know, most of the development spending is done by state govt. because aside from state govt. own tax resources, a big chunk is obtained from federal govt. in form of state transfer. Punjab being the largest state get the majority development budget(own+federal transfer). So Lahore not only getting a lion share of Punjab but also a big portion of Pakistan as a whole.Punjab has 110 million people, out of which 11 million in Lahore, 10 percent of total.So a city which have only 10 percent population is getting 58 percent of development spending.Isn't it pervasive? Looks like Rest of Punjab has turned into another East Pakistan.

There are tons of factor involved,

Lahore generates similar share of revenue.
Corruption and self centric politicians of Pakistan.
Undeclared population is way more than that on the official records all over Pakistan, example...many people who live in Lahore have an address from out of city, even province or even country but they are actually living in Lahore and using its roads, jobs, health facilities, subsidies, etc. Same is the case in Karachi.

And stop with that cr@ppy line repeatedly about east Pakistan. East Bengal got it's fair share, we don't fall for that propaganda.

 

[American Pakistani]

You are right, now rewind a bit and take a look at why the war took place in the first place. Had those tribal generals of Pakistan Army didn't get influenced by traitor Bhutto and handed over the power to the elected representatives of Pakistan in March 1971, the war would have never taken place.

Now rewind even further. There was a civilian aircraft hijacking in IoK in January 1971 where the hijackers belonged to a Kashmiri separatist group. While Sheikh Mujib asked them to condemn the incident, the military junta of Pakistan, again under the influence of traitor Bhutto, hailed the hijackers as national heroes. This eventually prompted India to impose a no fly zone over its territory for all Pakistani aircraft which later significantly affected the logistical and troop movements of Pakistan military in the war.

Analyse these chain of events. Your leaders have always fell into the trap of Indians and the local traitors and later on they successfully convinced you to believe whatever they portray. This is no different to how some Pakistanis here easily get coaxed by the Indian trolls and rally behind them in this subforum.

Rewind your memory too and dumb that brainwashed material. The generals have no choice because your leader Mujib traitor had the entire plan setup already in 1970 in Tripura and agartala. Your Mujib traitor presented tons of demands in sort of points, some points were negotiable but others were outright treason. Still Pakistan send several officials for negotiations. Your Mujib then use his second part of plan and started instigating youth of Bangladesh and history tells us, when a population start rising there is bloodshed and so that happened, once Pakistani forces tried to stop those youths and in that process even used deadly force, your Mujib advertised that as Pakistan's oppression on Bangladesh. What happened afterwards is all known.

So don't just blame Bhutto as your own leader Mujib was involved in a much bigger game than Bhutto could ever imagine. Bhutto was inexperienced and if Mujib was honest, he would've pushed for negotiations, but his sole aim was to work on Indian interests and to make Bangladeshi people believe that independence is what was needed.

I don't follow any Indian troll. However, I will say that I feel, Indians, who Pakistanis have differences and serious political issues, show sanity at some level. On the other hand I have a very different and very friendly image of Bangladesh back when I was in Pakistan and was a kid, but internet, electronic and social media have shown us your opposite side.

There is nothing to show off in skirmishes with Indian troops. They are timid bunch and will just flee the battlefield if there is no air support. We annihilated them in 2001 but that's nothing to show off.

Talking about actual conflicts, in the wars before 1971 when we were part of Pakistan, Pakistan successfully added 40% of Kashmir to its territory from India. In the wars after 1971, after we left Pakistan, it handed over the strategic Siachen Glacier and adjoining areas to India.

Total nonsense.

You are comparing low level of BSF on Bangladesh border with heavily armed regular and special soldiers and BSF on LOC. LOC is the most heavily militarized zone in the world. And yes there is no showoff but I was just replying to an earlier post where a member claimed that Pakistan lost every war after 71. If anything, Pakistan actually gained a highly strategic and valuable peak that reduced the blood lost of Pakistani troops too and at the same time serving as a vantage point for that entire region.

Your Siachen comment is again nonsense, as Pakistan never hold that glacier any year of it's history. Yes it is part of IOK and Pakistan claim it but never had presence there. The only thing was that many tourists and hikers used to come to the Pakistani side for expidition. After Indian occupation, this stopped. But India is losing heavily both financially and militarily after Siachen occupation. Indian troops are having severe life time diseases even after wearing special suits.

Politically, we have sustained pro-Bangladeshi governments in the neighbouring West Bengal and Tripura states for decades while being able to steadily increase the percentage of Muslim population in Assam.

If true then we are happy for you.

 

[Nilgiri]

How is it that Bangladesh which has recently graduated from LDC category was able to secure its preferential treatment from EU and US on their RMG exports?? How long are they valid??

What will be the impact on their RMG exports when these handout are withdrawn like the ESP plus and EBA initiatives and they have to compete with India, China and Vietnam etc.

Even India and China have extended their own handouts and am sure will be withdrawn considering that it is impacting their own RMG sector competitiveness.

With most of their export basket being predominantly RMG products, BD stands vulnerable to competitive pressures. They still have some breathing room left to diversity their export basket before post handout regime kicks in. It is a great opportunity for BD to shift gears to other areas and sectors which they can stand out and compete with others.

BD has not graduated from LDC yet, it is still in the process (3 year final vetting to make sure no reversal etc). It will officially be off the LDC list if all goes to plan in 2021.

I think the GSP 0 duty (Europe) continues for another 3+ year chunk after that (like 2024 or something) to help smoothen the transition etc.

GSP (USA) was revoked for BD ever since that building/factory collapse killing all those BD people. US wanted to see improved safety conditions etc...in effect they did not want to subsidise the crappy work standards of BD with the GSP 0 duty access of pre-2008.

The difference is that BD exports about 5.5 billion USD (small increase from 4 billion in 2008) or so of RMG to USA.....but around 18 billion (large increase from 8 billion in 2008) to EU today.

http://ec.europa.eu/trade/policy/countries-and-regions/countries/bangladesh/

From https://comtrade.un.org/data :

So as you can see that moron spouting "there is no real difference" basically doesn't want you to look at the details here (the significance of difference between 0 - duty from Europe and non-zero duty from US). There is indeed a high sensitivity of BD exports to 0 duty versus non-zero duty (EU and USA are roughly same population size and wealth levels) as can be seen from the growth of RMG exports respectively in the 2008 - now periods.

As for the impact it will have in 2024 (or later) when the GSP Europe 0-duty ends remains to be seen. BD is very reliant on it (more than 50% of their merchandise exports is RMG to Europe)....and they are not properly diversifying or expanding into other economic areas....so the shock combined with the inflation they are dumping currently on their population (from say 2010 to 2016 as evidenced from the HIES 2016 which I posted in 1st page of this thread) + no reform in BD banking/finance sector still (after 5+ years of complete stasis and rot).....will likely be pretty bad. There is a reason why Harvard School of Economics study (also referenced here in this thread somewhere) puts BD sustainable growth rate (long term) at only around 4% per year.

@bluesky @Major Sam @Mage @Ashes

 

[Nilgiri]

No , nothing wrong in it and does not hit ego but then don't complain and have patience as to why Paksitani comments subsequently to prove it right or wrong whatever is being said .

This guy you are responding to upbringing shows....dalit this and dalit that (to try insult me)....when he is supposed to be a Muslim beyond caste.

He cannot argue on the merit of facts + logic, but has to resort to personal insults right away....because I exposed his illiteracy time and time again.

OK, I agree, Pakistan is a richer country than Bangladesh. No need to put down Bangladesh. Just post beautiful picture of Pakistan here so we can see them.

BTW @Hell hound bhai, this guy you giving thumbs up to is not genuine in his honey words for Pakistan suddenly (and neither when he does same for India)....just so you know:

Very recent:

https://defence.pk/pdf/threads/boll...yas-in-bangladesh.559762/page-3#post-10514639

Socalled ''Kashmiri freedom fighters'' are illegal pakistani terrorist infiltrated in Jammu & Kashmir to create mayhem and destruction. I say good job Indian army crushing those vermin. Each and every Kashmiri separatist sympathizer should be kicked out to pakistan where they belongs. We Bangladeshis, both people and govt. firmly support Indian measures to root out the terrorism from Jammu and Kashmir.

Some time back:

https://defence.pk/pdf/threads/with...t-targets-pakistan.519931/page-3#post-9895413

Such statements such as (can find more there):

Newer generation actually hate Pakistan more that the older generation.Due to mass media exposure they are more familiar with the atrocity committed by Pak military.There is nothing positive about pakistan in reality, either old Pakistan before 1971 or epicenter of terrorism called Pakistan of today.Soft corner for pakistan exist only in semi educated or uneducated religious type of people who believe in umma-chumma brotherhood nonsense

Are you really Turkish? You sound more of a Pakistani than Pakistani themselves.

....and now he is all conveniently nicer because he hates to see Indians + Pakistanis agreeing on stuff... (that BD members here are largely a bunch of lieing bunch of hypocrites that need reality check whenever they drag either country into comparison).

He still seems to not get the message that (claiming to be a doctor) he should be spending his time on the pitiful state of medical practice that is BD (given the medical refugee crisis that sends 1 million largely poor people to India each year for basic basic things like X-rays, selling land if need be) rather than over here typing the long long useless replies that just show his incompetence on the subject at hand (economics).

But he would rather be a typical ego-ridden hypocrite here.....switching to BD language to try rally his groupthink on his fellow members (by calling me psychopath or whatever) thinking that google translate is not available or something lol. What a waste of oxygen he is tbh. Please read some of the other replies I will be making in this thread about the modus operandi of these folks....I hope you can take up some of the pertinent issues with the forum leadership/webbie at some point...some change need to be effected her to stop such groupthink related inquisition (of members like @bluesky that they claim is now a multiple account/hacked account of mine...just because he saying stuff they dont like to hear) and immediate ad-hominem after my initial reply (simply fact checking) on page 1 (anyone can check who brought up Pakistan and who started the insults...right on page 1 its all there). It has led to systematic denial +hypocrisy here (they saying I started it and calling me dalit etc as though that insult means anything to me).

BTW I actually enjoyed using google translate haha....it came out as "Tamil Giant" in english instead of troll (which I think they were going for)...it made me chuckle.

@Gibbs @SOUTHie @Khan_21 @django @H!TchHiker