15 June, 2024
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Prime Minister Hasina’s vision for empowering Bangladesh through inclusive development

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Prime Minister Sheikh Hasina of Bangladesh, in her recent address at the 22nd Biennial Conference-2024 of the Bangladesh Economic Association (BEA), passionately urged the nation’s economists to craft policies and programs that resonate with the realities and aspirations of the Bangladeshi populace. Emphasizing the significance of indigenous knowledge and understanding, she called for a departure from foreign prescriptions. Prime Minister Hasina’s stirring call to prioritize local expertise over external advice underscores her commitment to fostering homegrown solutions for Bangladesh’s socio-economic development.

In her address, Prime Minister Hasina underscored the limitations of foreign advice, asserting that solutions tailored to Bangladesh’s unique context are essential for sustainable development. She emphasized the need for economists to immerse themselves in the daily lives of the Bangladeshi populace, urging them to develop policies that address the country’s specific challenges and harness its abundant resources.

Prime Minister Hasina emphasized the need for economists to contextualize global best practices within Bangladesh’s socio-economic framework. While acknowledging the value of international insights, she urged for a balanced approach that integrates external knowledge with locally generated solutions. This approach, she emphasized, is crucial for fostering inclusive growth and prosperity that is tailored to the unique needs and circumstances of Bangladesh.

 

One key aspect of Prime Minister Hasina’s vision is the promotion of export diversification and the strengthening of the rural economy. She called upon economists to identify export-oriented products and devise strategies to enhance their competitiveness in the global market. To support this endeavor, Prime Minister Hasina directed envoys stationed in foreign missions to prioritize export market diversification, signaling the government’s commitment to boosting Bangladesh’s international trade.

Furthermore, Prime Minister Hasina highlighted the pivotal role of the rural economy in driving Bangladesh’s development agenda. As the number of factories and industries grows, Prime Minister Hasina stressed the importance of expanding market access and fortifying rural economies to ensure inclusive growth across the country. This emphasis on rural development aligns with Prime Minister Hasina’s broader vision of equitable progress and prosperity for all Bangladeshis.

Prime Minister Hasina emphasized research as a crucial focus area during her address, highlighting its significance in evidence-based policymaking. She stressed the need for rigorous research to underpin decision-making processes effectively. Prime Minister Hasina lauded the Bangladesh Economic Association for its contributions to research and urged for continued collaboration to produce actionable insights that catalyze meaningful change. This emphasis on research reflects Prime Minister Hasina’s commitment to leveraging data-driven approaches to address Bangladesh’s socio-economic challenges and drive sustainable development.

Prime Minister Hasina drew profound inspiration from the visionary leadership of Bangabandhu Sheikh Mujibur Rahman, Bangladesh’s revered father of the nation, who ardently pledged to build the nation with its “golden soil and people.” Reflecting on Bangladesh’s remarkable strides following independence, Prime Minister Hasina reaffirmed her unwavering commitment to fulfilling Bangabandhu’s enduring legacy. She impassionedly called upon economists to rally behind her in this noble endeavor, underscoring their pivotal role in shaping Bangladesh’s trajectory towards a prosperous and equitable future.

Looking ahead, Prime Minister Hasina articulated her vision of a developed, prosperous, and technologically advanced Bangladesh by 2041. She outlined comprehensive plans to achieve this goal, including the formulation of the “Delta Plan 2100” to address long-term challenges such as climate change and sustainable development. Through strategic partnerships with countries like the Netherlands, Bangladesh aims to leverage its unique geographical position to chart a path towards prosperity and resilience.

Despite the formidable external challenges posed by the COVID-19 pandemic and geopolitical tensions, Prime Minister Hasina demonstrated unwavering resolve in advancing Bangladesh’s development agenda. Emphasizing the values of self-reliance and dignity, she underscored the imperative for Bangladesh to assert its independence and resilience on the global stage. Prime Minister Sheikh Hasina’s steadfast commitment to navigating these challenges reflects her unwavering dedication to steering Bangladesh towards prosperity and prominence on the world stage.

Prime Minister Hasina’s address at the BEA conference serves as a poignant reminder of the critical importance of indigenous economic empowerment in propelling Bangladesh’s development journey forward. By prioritizing local expertise, fostering research initiatives, and embracing innovative approaches, Bangladesh stands poised to unlock its full potential and emerge as a beacon of progress in the global community. With Prime Minister Hasina’s visionary leadership guiding the way, Bangladesh is well-positioned to chart a path towards sustainable growth, prosperity, and inclusive development.

The post Prime Minister Hasina’s vision for empowering Bangladesh through inclusive development appeared first on BLiTZ.

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