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The projection of 7.5% has been made based on the fact that it has a high percentage of young population, located just at the center of India, China and south east asia, has a much stable environment, HDI is increasing and many other factor.
But everyone has pointed some of the known constraint also ie. electricity and infrastructure. Bangladesh is gradually becoming a destination of manufacturing goods. This is the prime thing which will play big role for the growth. RMG, pharmaceuticals, IT, ship building, light engineering some of the industries which are emerging. No need to say bangladesh has already has turned into a RMG giant. Literacy rate and percentage of people going towards higher studies is also increasing along with lower poverty rate,better health and many other fact is playing important role.
N what electricity, remittance stagnated and investment stopped you are talking about??? During BNP-Jammat time where there were investment, adding of even one mega watt of electricity or remittance boom took place!!!
Manpower export to saudi and some other gulf country started to stop towards the end of BNP-Jammat government and effected from care taker government. Is it only BAL's fault or you are blind enough to find out the main problem and that is corrupt agencies take more money from the worker and they are cheated and harassed after reaching the destination when they find that there are no jobs or much lower salary then it was told and forced them to crime for survival. Even in Maldives during BNP-Jammat time around thousands and thousands of labor went there with fake work permit and same case applies to Malaysiya also. But still year on year remittance earning increase and it increased couple of fold in the last couple of years can you deny that???
In 2006-07 Bangladesh earned 5.97 billion usd and in the next 4-5 years it has been doubled to 12 billion usd. Then how come you say remittance has been stagnated??? Yes some destination has been closed but many new destination has been opened. Many other in the process of opening. This is the corrupt agency selection and their ill practice during the BNP-Jammat time was the main reason behind this closure to some of the middle eastern country....
N during BNP-Jammat time how much investment came that you are talking here about investment. Yes they have failed miserably for corruption of some top minister and party people which BAL failed to check due to the fear of hit back of these issue just before election but it is not the end of the story.
Gas and electricity problem is there for a long time. BNP-Jammat failed to add a single MW in the grid. But the BAL is still trying but they should not have gone to the rental power plant for party consideration. But this rental power plant idea was 1st introduced towards the end of BNP-Jammat government and given permission by care taker government which BAL increased to more party selected people. But atleast they are trying to generate even from other means. But as the demand is increasing also it is not keeping pace with the generation.
this year GDP growth rate was 6.35 which was projected 7 in the beginning of financial year! Why no thread on this Mr. Planet?
this year GDP growth rate was 6.35 which was projected 7 in the beginning of financial year! Why no thread on this Mr. Planet?
As I said readless of BNP or Awami league in power how 7.5% GDP growth will be generated for 40 years. Besides, posting bubble projection you still failed to backup your stetment. You are proven to be liar awmi thugs keep pushing same lie over and over again like Awami auto reply. Yet no one but yourself s convinced.
Back in reality, according to IMF the GDP of Pakistan is still higher in 2011 then Bangladesh.
List of countries by GDP (nominal) - Wikipedia, the free encyclopedia
Captain planet is a perfect name for you since you are living in a cartoon world and not the real one.
Back in reality, according to IMF the GDP of Pakistan is still higher in 2011 then Bangladesh.
List of countries by GDP (nominal) - Wikipedia, the free encyclopedia
Captain planet is a perfect name for you since you are living in a cartoon world and not the real one.
, please, don't wake him up from his dream, let him continuously fantasize in his little world, you will hurt his feelings by showing him the reality.
By becoming a manufacturing base. Already Bangladesh has become a RMG manufacturing giant in the world. Others like ship building, plastic, light engineering, pharmaceuticals, IT etc are to follow. These are the thing which will play role to have that economic growth rate. If electricity problem and good infrastructure can be ensured quickly more growth rate is possible.
During 2005-2006 it was projected average growth rate of Bangladesh will remain 5-6% but in 2012 it has been updated to 7.5%. Exceptional performance of RMG and growth of remittance played the big role. It will go much higher if proper business environment can be ensured. Even China maintained more then 10% growth for more then 3 decades. Bangladesh should follow the example and improve its engineering project management capabilities to make sure projects are implemented in time efficiently.
No one denied that. But as Pakistan's growth rate has been slower, It will be lagged behind gradually. This is a simple math.
Post WW1 Germany suffered heavily due to the unfair conditions of the Treaty of Versailles imposed on it and was the first country to be hit by the depression, yet just in 7 years Hitler turned Germany into a power house both economically and militarily. Yet again, during WW2 Germany was destroyed, its factories, cities, power plants, bridges, everything destroyed, millions of Germany's slaughtered and millions more sent to death camps after the war, yet today Germany is the only economically stable country in the EU.Bsically bangladesh is achieving average higher growth rate then Pakistan since 1990. There is distinct difference between Japan, germany and any other south asian country. They were already rich and technologically well advanced. That helped them to recover quickly. N atomic bomb was dropped in 2 cities only hirosima and nagasaki not in whole Japan.
Since 2008 the thing that we have been said was crossing Pakistan also in many HDI also apart from growth rate.
No one denied that. But as Pakistan's growth rate has been slower, It will be lagged behind gradually. This is a simple math.
Are you sure you are not an Indian member pretending to be Bengali?
That is exactly what I would expect an Indian member to say.
So make up your mind, Was Bangladesh beating Pakistan since the 90s, 2008, or never?
You seem to be confused.
Fact say that Pakistan's GDP even in 2011 is still higher then Bangladesh.
Growth rate fluxuates. In 2005 we had one of the highest growth rates, now we have a low growth rate, in 3 years from now we could be back to 8%.
Basing your whole argument on growth rate is pulling an Indian, a few good years doesn't make you a galactic super power.
I pray that BD and Pakistan both have high growth rate and improve GDP, but I won't go around insulting BD because their GDP is still lower then Pakistan's.
Post WW1 Germany suffered heavily due to the unfair conditions of the Treaty of Versailles imposed on it and was the first country to be hit by the depression, yet just in 7 years Hitler turned Germany into a power house both economically and militarily. Yet again, during WW2 Germany was destroyed, its factories, cities, power plants, bridges, everything destroyed, millions of Germany's slaughtered and millions more sent to death camps after the war, yet today Germany is the only economically stable country in the EU.
So stop making silly excuses and using Pakistan as a scapegoat for your own short comings.
And how do you know this growth rate will continue? Fate doesn't always go the way one expects it to, and i already thoroughly explained that in one of my previous posts on this thread.
Again, you're only making silly predictions on your own just to satisfy your ego.
By becoming a manufacturing base. Already Bangladesh has become a RMG manufacturing giant in the world. Others like ship building, plastic, light engineering, pharmaceuticals, IT etc are to follow. These are the thing which will play role to have that economic growth rate. If electricity problem and good infrastructure can be ensured quickly more growth rate is possible.
During 2005-2006 it was projected average growth rate of Bangladesh will remain 5-6% but in 2012 it has been updated to 7.5%. Exceptional performance of RMG and growth of remittance played the big role. It will go much higher if proper business environment can be ensured. Even China maintained more then 10% growth for more then 3 decades. Bangladesh should follow the example and improve its engineering project management capabilities to make sure projects are implemented in time efficiently.
Would, should, could....anything else to back up hanging in thin air projection? Your Awami propaganda in auto reply getting way boaring.
You didn't even get the gist of my post and just continue to keep yapping non stop. As i stated, Germany and Japan lost their manufacturing capabilities in WW2 due to allied air raids on their industrial centers and cities, they couldn't even produce a engine after WW2 and had to import machinery from the US.Dnt compare Germany or Japan to any other south asian country. They were technologically advanced that helped them to come out of the destruction of second world war. Until now any of the south asian country has not turned into industrialized developed country. So do not dream of over coming just like them.
Don't worry about Pakistan, worry about your own country because after all we Pakistanis are useless according to your likes, not that we feel it necessary to offer you or take interest in your nation for it has nothing for us to gain or lose.But Pakistan can come back from the current situation it will be good for it. We all do not want it to see lagged behind too much then India, Bangladesh or Sri Lanka.
I had a soft spot for our minorities, but seeing the behavior of some using Bangladeshi flag in this forum, my impression is fast changing. Of course we will protect them, but we need to know which one are you, one of our minorities or RAWamy traitors or both. Anyone care to volunteer this information? I think we should identify each one of these India supporter Bangladeshi's in this forum. aazidane, you should stop supporting these kind of people who are threatening violence if it does not match their view. It is not going to be good for your future. Just look at his language. Or maybe your family belong to RAWamy traitors too?
Also I notice, like Indians and borrowing their language, they want to belittle any dissenting view calling them kids, funny indeed. After all these are nothing better than Indian troll brigade.
For Pakistani's and other pdf members, these people do not represent 90% Bangladesh majority view, most probably belong to our minorities and RAWamy traitor league. So whenever you see their posts, please note where this is coming from. They have broken Pakistan and made our country a vassal state of India and want to keep it that away. They are enemy of our people and country.