Bangladesh is maintaining 7.78% GDP growth, says Prime Minister Sheikh Hasina
Prime Minister Sheikh Hasina said the common people are now getting benefits of her government’s development programs as it has been able to lower the inflation rate with a sustainable GDP growth.
"Bangladesh economy has made good progress...we have been able to lower the inflation rate…it’s now 5.4% to 5.6%, and the economy is strong as we are maintaining a 7.78% GDP growth,” she said on Saturday.
“Now the grassroots are getting the benefits," she said while addressing the 6th National Convention of the Krishibid Institution Bangladesh (KIB) in Dhaka.
Agriculture Minister Matia Chowdhury was present as a special guest at the program held with KIB President AMM Salehin the chair.
Sheikh Hasina said the Awami League government undertaken various programs to take Bangladesh forward, reports the UNB.
The prime minister said the government wants to move Bangladesh towards prosperity as it is now the third largest vegetable-producing country. She added Bangladesh is the 8th largest producer of potato, 7th in mango and third in fish production.
"Our country is now totally self-reliant," she said.
Sheikh Hasina said the socioeconomic status of people is improving and the local market is expanding.
"We can sell our processed foods within the country as well as export them after fulfilling the local demand and earn foreign exchange," she said.
She further said: "We will produce more food, process them, meet our own local demand and export the surplus to earn foreign currencies."
Talking about research to enhance production, she said: “Through research, the government has improved the production of rice, fish and vegetable. We also decoded the jute genome."
Hasina said the government is providing all-out support to farmers by investing in research and giving importance to all agriculture related facilities.
Describing irrigation as the important component of agriculture, she said the government wants to encourage the use of renewable energy for this purpose.
The prime minister also requested the Agriculture Minister to encourage a cooperative system to use solar panels in irrigation. Its use by individuals would be very costly.
She said the Awami League government is in power for the two consecutive terms."If people cast their votes for us, we will be in power again, if they don’t we won’t be there in power," she said.
Earlier, the prime minister inaugurated the convention by hoisting the national flag and releasing doves and balloons.