Dhaka, Nov. 25 -- Bangladesh must shift its economic focus to job creation for youth, women, and vulnerable populations to accelerate the pace of poverty reduction and address rising inequality, according to a new report from the World Bank.
The Bangladesh Poverty and Equity Assessment 2025, launched on Tuesday, highlights that while the country successfully lifted 25 million people out of poverty between 2010 and 2022, the progress has slowed significantly since 2016.
The report shows remarkable success, with extreme poverty dropping from 12.2 percent to 5.6 percent and moderate poverty falling from 37.1 percent to 18.7 percent over the 12-year period.
However, the economic growth pattern became less inclusive after 2016, disproportio...
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