De­clin­ing Poverty

Southasia - - Briefing -

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. ◆

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