BD to turn middle-income state by 2021: PM

Prime Minister Sheikh Hasina has expressed her ‘firm belief’ that Bangladesh will turn into a middle-income state by 2021. However, she said that political stability needed to ensure development of the country. ‘We will become a middle income country and a developed nation by 2041. For that political stability is a must,’ she said during budget discussion in the Jatiya Sangsad (parliament) on Saturday. Hasina said implementation of the 2014-15 budget would help improve socio-economic development. She said the budget deficit is only five per cent. ‘This is no big deficit at all. All countries have deficit budget,’ according to a news agency.