It is good to know that the quality of life of the country's people is going to witness a change for the better. The number of poor people is declining because of facilities in town. Almost three percent people are moving to town annually for better opportunities. Most of the analysts believe this is an auspicious sign that Bangladesh is on course of development despite a lower share of contribution from donor countries. Analysts believe that if Bangladesh had got technological support from developed countries, the pace of poverty reduction would have been even faster. According to a report of the World Bank, Bangladesh has been ranked fourth among the five countries including India, China, Nigeria and Congo, where 64 per cent poor people of this world are living. Our neighbour India ranks first where most of the poor people are living.
The shares of the world's poor of the top five countries are 33 per cent for India, 13 per cent for China, seven per cent for Nigeria, six per cent for Bangladesh and five per cent for Democratic Republic of Congo and together these countries are home to nearly 760 millions of the world's 1.2 billion poor. Another five countries Indonesia, Pakistan, Tanzania, Ethiopia and Kenya are encumbered with 80 per cent of the extreme poor.
The report noted that reducing poverty is very important for the progress of these countries. According to the World Bank president, even if all countries grow at the same rate as they did over the past 20 years, world poverty will fall only to 10 per cent by 2030 from 17.7 per cent in 2010.
To end extreme poverty, a majority of the poorest now earning less than $1.25 dollars a day will have to improve their lot. The poor countries will have to stand on their own feet. All countries including the developing ones will have to take more responsibilities for bringing an end to extreme poverty.
Proper technological support is also a crying need for overcoming this hindrance. Poor countries need to formulate appropriate policies for growth. Proper use of natural resources will be well in order to increase domestic income. Analysts believe that the private sector also has to play a significant role in reducing extreme poverty.
The writer is a student of Statistics Department under the Islamic University, Kushtia maskurulra@gmail.com
Bangladesh home to world\\\'s six per cent poor
Md Maskurul Alam | Published: April 16, 2014 00:00:00 | Updated: November 30, 2024 06:01:00
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