Bangladesh has just observed the first anniversary of stepping into democracy. One year back the country had stepped into the democratic system after a tow year’s long extra constitutional Governance that runs the nation under an emergency regime. And of course the nation is preparing for celebration the anniversary of a democratic government that had been elected by the people and committed to the welfare of the people. In this point of time the people of the country also have passed a year that counts all economic activities around the world including Bangladesh.
On the last year’s economic status one eminent economist mentioned that, Bangladesh has emerged as one of the countries least affected by the global economic downturn. Export is still far superior to the large contraction of export experienced worldwide, including in most developing countries. The growth of GDP has been fairly robust at nearly 6 percent annually, made possible by strong growth performance of agriculture and other sectors –mainly construction, services and informal manufacturing –mostly catering to the domestic market. Both disbursement and repayment of agricultural credit has increased substantially. The growth of remittances from migrant workers remains strong. And the government’s revenue earnings have increased at a modest rate.