Asian University of Bangladesh, Dhaka, Bangladesh.

ResearchGate URL: https://www.researchgate.net/publication/366425220

Bangladesh has accomplished a remarkable improvement in poverty purge during last ten years because of the committed endeavors of the government and the appropriate and viable execution of different public and private advancement exercises. According to the Bangladesh Economic Review-2021 the poverty rate in Bangladesh has been declined to 24.3 percent in 2016, which was 40.0 percent in 2005. According to the latest estimate poverty rate stood at 20.5 percent in 2018-19 and extreme poverty stood at 10.5 percent. Divisional poverty rate has been reduced in all other division in 2016 compare to 2010 except Rangpur Division. This division carries the highest incidence of poverty that is about 47.2 percent. In FY 2020-21 a total of TK. 95,683 crore has been allocated in the revised budget for ensuring social safety of the poor population. The proportion of households having access to improve and hygiene sanitation has gone up to around 84 per cent in 2019 from 56 per cent in 2012. The rate of increase in primary school completion rate is somewhat stagnant. The primary school completion rate has amplified by only 0.65 percentage point per year from 2012 to 2019. Households having access to safe drinking water and electricity are correspondingly 98.5 per cent and 92.23 per cent. The portion of health care area crested at 6.53 percent in FY 2017. Notwithstanding, it has again dropped to 4.9 percent in 2020. The government is taking effective and cautious steps to address the potential impact of the recent COVID-19 pandemic on the country's poverty situation.

Poverty Rate (2019)
20.5%

Extreme Poverty
10.5%

Access to Water
98.5%

Social Safety Budget
TK. 95,683 Cr