Poverty in Bangladesh will be reduced to zero by 2030, Finance Minister Muhith believes

Finance Minister AMA Muhith has expressed confidence that Bangladesh will manage to eradicate poverty completely by 2030.

Abdur Rahim Badalfrom Washington DCbdnews24.com
Published : 8 Oct 2016, 06:52 PM
Updated : 8 Oct 2016, 08:09 PM

Speaking to bdnews24.com at Washington DC after the inaugural annual meet of the World Bank-IMF, he said that the upcoming visit of World Bank President Jim Yong Kim to Dhaka is a matter of pride for the country as it recognises Bangladesh's efforts at eradicating poverty.

He said that Bangladesh's efforts at poverty eradication is a 'success'.

Referring to World Bank data, he said that the proportion of people living in extreme poverty in the country has decreased from 18 percent of the total population in 2009-10 to 12.9 percent in 2015-16.

Emphasising speedy eradication of poverty, Muhith said, "I can say with all confidence that poverty removal won't take 2030 to achieve. We'll achieve it much before that."

The UN's Sustainable Development Goals (SDGs) make it imperative to bring extreme poverty levels below 3 percent.

Kim will be the fifth World Bank president to visit Bangladesh.

The finance minister said that the visit is a great publicity opportunity to highlight Bangladesh's success with fighting poverty.