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Published: 2013-06-20 06:11:14.0 Updated: 2013-06-20 09:25:02.0
The World Bank feels Bangladesh is well on its way to achieve the United
Bangladesh to attain UN’s poverty goal by 2013
Nations Millennium Development Goal (MDG) in poverty alleviation within this year.
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In a report, the World Bank said that 57 percent of Bangladesh's population was below the poverty level in 1990. The target under the Millenium Development Goal was to bring it down to 29.5 percent within 2015. However, analysing statistics of the past decade, the World Bank has concluded that Bangladesh will achieve the target two years ahead of the schedule, the World Bank's report titled ‘Bangladesh Poverty Assessment’ said. It was released on Thursday noon.
The report, based on purchasing ability, said that incidence of poverty came down gradually during the last decade from 63 million poor people in 2000 to 47 million in 2010.
“Bangladesh is on track to achieve these two Millenium Development Goals.”
Based on the analysis, the report predicted that by 2015, the poverty rate in Bangladesh will be 2 percent lower than the target set originally – around 26 percent – even if somewhat affected by a low growth of 3.8 percent.
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