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Agriculture is the largest employment sector in Bangladesh, making up 14.2 percent of Bangladesh's GDP in 2017 and employing about 42.7 percent of the workforce. [1] The performance of this sector has an overwhelming impact on major macroeconomic objectives like employment generation, poverty alleviation, human resources development, food ...
Following the war for their liberation in 1971, Bangladesh was faced with a multitude of problems, both physical and economical. Their economy was seriously lacking and they had to deal with trying to fix all of the physical damage that was caused by the fighting. [ 9 ]
In earlier years, efforts to counteract the effects of monga were made through Government test relief and other programmes, and by rural infrastructure `cash-for-work' interventions by long established NGOs such as RDRS Bangladesh which also carried out skills training and crop diversification from the mid-1970s.
Given that Bangladesh continued to urbanize during this time, there are now more people living in extreme poverty in urban Bangladesh (3.3 million) than in 2010 (3 million). [17] Since independence the average rate of urbanization in Bangladesh is 5% [ 18 ] (World Bank 2012) & percentage share of urban population has doubled, from 15% in 1974 ...
Paddy field in rural Bangladesh. Rice production in Bangladesh plays a critical role in the nation's economy, affecting various sectors and socioeconomic factors. As the primary crop and staple food, rice is central to agricultural production, employment, and nutritional needs. It is a major contributor to Bangladesh’s national income.
Forecasts of the economic loss from the three-month lockdown, which was subsequently eased in late May 2020, indicated that Pakistan would face its first annual economic recession since 1952. [368] Given the strained government resources, civil society and charity organizations became much more active in providing relief to the public during ...
On 13 June, the number of cases in Bangladesh exceeded the number of cases in China, the country where the outbreak began. Bangladesh reached two grim milestones of 160,000 cases and 2,000 deaths on 5 July and overtook France in terms of the number of cases two days later. The number of recoveries in the country exceeded the number of active ...
The attackers looted weapons, ammunition, and food supplies while causing extensive damage to the facility. Several prison guards were killed during the attack, and the attackers fled with the escaped prisoners. [344] Bangladesh's economy suffered losses of over $1.2 billion as a result of the nationwide curfew and protests.