Bangladesh has made significant progress in reducing poverty over the past two decades. The poverty rate declined from over 40% in the early 1990s to around 20% in 2016-2017 according to the Bangladesh Bureau of Statistics. However, poverty remains a challenge and achieving inclusive growth that benefits all segments of the population will be crucial for Bangladesh to transition from a low-income to a middle-income country.
Bangladesh has made significant progress in reducing poverty over the past two decades. The poverty rate declined from over 40% in the early 1990s to around 20% in 2016-2017 according to the Bangladesh Bureau of Statistics. However, poverty remains a challenge and achieving inclusive growth that benefits all segments of the population will be crucial for Bangladesh to transition from a low-income to a middle-income country.
Bangladesh has made significant progress in reducing poverty over the past two decades. The poverty rate declined from over 40% in the early 1990s to around 20% in 2016-2017 according to the Bangladesh Bureau of Statistics. However, poverty remains a challenge and achieving inclusive growth that benefits all segments of the population will be crucial for Bangladesh to transition from a low-income to a middle-income country.
Bangladesh has made significant progress in reducing poverty over the past two decades. The poverty rate declined from over 40% in the early 1990s to around 20% in 2016-2017 according to the Bangladesh Bureau of Statistics. However, poverty remains a challenge and achieving inclusive growth that benefits all segments of the population will be crucial for Bangladesh to transition from a low-income to a middle-income country.