'Bangladesh had the highest growth in South Asia amid Covid-19'

Bangladesh has emerged as an important player in South Asia after 50 years of its independence, said German Ambassador in Dhaka Achim Tröster in an interview with Dhaka Tribune recently. He also said that the country posed the highest growth among South Asian countries during the Covid-19 pandemic. Bangladesh’s development since its inception has been very impressive. When Bangladesh emerged on the map, it was confronted with a lot of challenges - from natural disasters, famine to food insecurity in its infancy years. Now after 50 years, Bangladesh has emerged as an important player in South Asia. The country now has much better disaster management capacity and is also self-sufficient in food security. Also on a regional scale, Bangladesh’s economy shows an excellent performance, mainly with regard to the per capita income. With an average annual growth of about 5%, largely because of its yoUNG and working age population, Bangladesh does have the potential to continue to make rapid progress. In fact, one can see the many mega infrastructure projects that are set up around the country which are bound to transform the country in the upcoming years. According to PricewaterhouseCoopers, Bangladesh has even the potential to become the world's 23rd largest economy by 2050.

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