Adaptation to technology, nurturing the youth, and diversifying our export basket remain integral
According to a UN report, Bangladesh is on course to becoming the third fastest growing economy in the coming year.
This is testament to the great work the government and the people of this country have done to ensure that our economy continues to expand and develop with the changing times.
Adaptation to technology, nurturing the youth, and diversifying our export basket remain integral to sustainable development -- and it is commendable that recent governmental policies have focused on these areas.
Now it is time to ensure that we do not stray from the path -- for example, digitization and all that it entails must be embraced wholeheartedly. It has revolutionized the way the people of this country interact and do business, and further incentivizing its use would have far-reaching and long-term benefits for the economy and its people.
But corruption and bureaucracy remain major obstacles on this path, acting as barriers to decentralization, the use of green energy, ease of doing business, among countless others.
As the PM recently said, corruption must be rooted out and a significant portion of our efforts must be focused on eliminating this plague once and for all.
By doing so, not only do we allow local entrepreneurs and businesses to flourish, we also leave ourselves open to foreign investment and sustainable expansion.
If we continue to take the right steps, as we have done in the past, there is no doubt that Bangladesh’s fast-paced economic growth will take us to new heights.