Bangladesh has a different story to tell than Sri Lanka and Pakistan

According to the World Bank’s latest report , Bangladesh (South Asian country) has a strong track record of development and prosperity. Over the last decade, it has been one of the world's fastest growing economies, owing to a demographic dividend, robust ready-made garment (RMG) exports, remittances, and stable macroeconomic conditions. Even after the COVID-19 pandemic, the country has experienced a rapid economic recovery.

Bangladesh tells the world a remarkable story of poverty reduction and development. From being one of the poorest nations at birth in 1971, Bangladesh reached lower-middle income status in 2015. It is on track to graduate from the UN’s Least Developed Countries (LDC) list in 2026. Poverty declined from 43.5 percent in 1991 to 14.3 percent in 2016, based on the international poverty line of $1.90 a day (using 2011 Purchasing Power Parity exchange rate). Moreover, human development outcomes improved along many dimensions.