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Bangladesh’s progress in 50 yrs unprecedented: Kamal

  • Staff Correspondent
  • 9 December, 2021 12:00 AM
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Bangladesh’s progress in 50 yrs unprecedented: Kamal

Finance Minister AHM Mustafa Kamal said Bangladesh made a tremendous progress in socio-economic sector over the past 50 years.

He said the country also achieved success in its macro economy.

"In all the macroeconomic indicators and in the socioeconomic sector, Bangladesh has made unprecedented achievements,” finance minister said. He was talking to journalists after chairing two separate meetings of the Cabinet Committee on Economic Affairs (CCEA) and the Cabinet Committee on Government Purchase (CCGP) on Wednesday.

 Kamal said the GDP size of the country increased by four times over the last 12 years reaching $411 billion as Bangladesh was celebrating the golden jubilee of independence.

"Think tanks and economists across the globe are now praising highly about Bangladesh regarding its achievements over the last 50 years since independence,"he added. The finance minister expressed hope that Bangladesh would become the 25thlargest economy of the world by 2035 and 20th largest economy by 2041.

“By 2041, Bangladesh will go a long way materialising the dreams of ‘Sonar Bangla’ of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman," he said. 

Finance minister said, “Prime Minister Sheikh Hasina is moving the country forward to fulfill Bangabandhu’s dreams.”

Kamal said “The achievements of the country are the achievements of the countrymen. I hope the country will continue to make achievements in the coming days also."

When asked about the latest Pandora Papers where eight Bangladeshis were name, finance minister said, “The Anti Corruption Commission (ACC) has submitted its report before the High Court in this regards.”

He said that a list of 43 individuals’ nameswas submitted before the High Court.

"I believe there will be justice and so we can wait for the court’s verdict."

Eight Bangladeshis and five addresses with links to Bangladesh were included in the latest document released under the Pandora Papers on Monday. All of them owned business establishments in the British Virgin Islands.

However, it does not suggest any wrongdoing.The International Consortium of Investigative Journalists (ICIJ) also said the names being mentioned on the list did not necessarily mean they were involved in any illegal activities.

 The leaks show that the names of the entities are largely foreign sounding, but the addresses used are located in Bangladesh.