A healthy economy is a top priority for the government, the PM assures JS.

BSS || Shining BD

Published: 6/1/2023 6:40:59 AM

According to Prime Minister Sheikh Hasina, the government is doing everything possible to keep the country's economy moving forward despite the economic recession brought on by the COVID-19 pandemic and the conflict between the Ukraine and Russia.

Despite the economic recession brought on by the Covid-19 pandemic and the conflict between the Ukraine and Russia, she claimed that the government was doing everything possible to keep the economy of the nation thriving.

During the Prime Minister's question-and-answer session, the Premier told the House in response to a tabled question from ruling party lawmaker MA Latif, who was elected from Chattogram.

The Leader of the House claimed that by dealing with the recession, inflation, and instability in the global economy brought on by the Coronavirus pandemic and the Russia-Ukraine war, which had a detrimental effect on the country's economy, the government had been able to quickly return the country's economy to its pre-coronavirus high growth trend.

Our growth in the fiscal year 2019–20 was 3.45 percent, the highest in the world for that time period, she continued, "despite the severe Covid-19 crisis."

Sheikh Hasina stated that the GDP growth in the fiscal year 2020–21 increased by 6.94 percent as a result of the various measures the government had taken to strengthen the economy, and that "it further increased to 7.10 percent in FY 2021–22."

At this point, she outlined the various steps the government had taken to maintain its economy.

These include social protection, subsidies in the agriculture, energy, and electricity sectors, export incentives, a rise in remittance flows, and monetary policy, among other things.

The Prime Minister responded to a question posed by Syed Abu Hossain, a Jatiya Party lawmaker from Dhaka, by highlighting the various measures the government had taken to keep the cost of necessities under control. He claimed that as a result of these actions, it had been possible to keep the cost of necessities under control, and the poor were benefiting from it.

The head of government responded to a different query from Jatiya Party lawmaker Rustam Ali Farazi, who was elected from Pirojpur, by stating that the Jessore section of the Padma Bridge Rail Link Project could begin rail traffic in June 2024 and the Dhaka-Mawa-Bhanga section by September 2023.
 

Shining BD