Hasina indicates massive administrative change in Bangladesh administration

By Our Correspondent

Agartala, July 12 ,2019 : Prime Minister of Bangladesh Sheikh Hasina has indicated a massive change in administrative set up of her country when she spoke about decentralization of power centers along with responsibilities. 

Bangladesh is aspiring to be an upper-middle income country shortly and a developed one by 2041. The change Sheikh Hasina is proposing in her administrative set up is aimed at achieving this target. 

Addressing the National Assembly at Dhaka she unveiled her proposal and said in the new administrative set up the local level administration will remain liable to collect revenue to meet the local needs. 

She expressed grave satisfaction over the country's economic progress and said as per World Economic Situation and prospects-2019 recently released by United Nation Bangladesh is one of the top ten countries that achieved highest growth last year. In Asia Region the place of Bangladesh is just behind India. 

Claiming that the country's economy is in a stable condition she said amount of investment is increasing and a balance is maintained in foreign exchange due to increase in export and growth in income from people residing in foreign countries. 

She further claimed that the inflation rate is under control and the budget deficit is well below 5 per cent of Gross Domestic Product which indicates good health of the country's economy.

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