Despite being struck by natural disasters and global recession, Bangladesh has moved one step forward in reducing its poverty rates. The figures from 2005 when compared to 2010 showed almost a 9% decrease, from 40% then to 31.5% in 2010, as reported by the 2010 Household Income and Expenditure Survey. HIES collected the required data during a survey launched collectively by the Bangladesh Bureau of Statistics (BBS) and the World Bank.
The report further revealed that in rural areas poverty rates dropped from a staggering 43.6% in 2005 to 35.2% in 2010, while in urban centers the difference was around 7%, from 28.4% to 21.3%.
The country also witnessed a striking improvement in food and supplements throughout. Additionally, the number of people with access to basic necessities as well as the human development rate in terms of employment and services also rose steadily.
Appreciating the role of the World Bank in providing
technical and financial support, the country’s Minister of Planning, Air Vice Marshal A. K. Khandker, said that the data from the 2010 HIES will be very important in determining the goals and strategies for the Sixth Five Year Plan, keeping in view the targets proposed under Vision 2021. ◆