Key socioeconomic issues we must address to reduce poverty
Poverty is a multifaceted economic phenomenon. Although dealing with the causes of poverty in Bangladesh is complex, the country has nonetheless shown impressive improvements and resilience over the years. Before the coronavirus crisis, the number of extreme poor people was falling gradually. According to Bangladesh Bureau of Statistics (BBS) data, the poverty rate came down to around 20 percent in 2019 from 56.6 percent in 1990. The rate was around 75 percent in 1971. But now the picture is changing—due to Covid-19, the number of jobless people has increased drastically and income has fall...
Source: thedailystar.net