Govt to decentralise governance system by 2041: PM

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SANGSAD BHABAN, July 10, 2019 (BSS) – Prime Minister Sheikh Hasina today
told the Jatiya Sangsad that the government is set to decentralize the
governance system by 2041.

“Bangladesh is becoming a peaceful, prosperous and developed country by
2041 by implementing the vision 2041 —By this time, the governance system
of Bangladesh will be decentralized,” she said while replying to a tabled
question from treasury bench lawmaker M Abdul Latif from Chattogram-11
constituency.

To pursue the decentralisation of the governance system, the premier
said “Local administration will bear the lion’s share of government
expenditure at the local level in league with the coordination of the central
administration.

Good governance and empowering the people will be the driving force
behind the policy for the overall progress of the country, she opined.

Noting that Bangladesh’s economy is getting a strong footing, Sheikh
Hasina said that the flow of investment is increasing gradually and the
balance of payment of Bangladesh remains in good position due to high growth
in exports and remittances.

In this context, the premier also said that they have brought the
inflation rate under control and the budget deficit within 5 percent of Gross
Domestic Product (GDP).

‘It can be expected that the economic growth will accelerate further in
the days to come,’ she opined.

“Bangladesh will turn into a developed nation with US$ 16,000 per capita
income and the poverty will be a matter of distant past in this Sonar Bangla
(Golden Bangla) in 2041,” said Sheikh Hasina.

In accordance with the World Economic Situation and Prospects 2019 of
the United Nations, Bangladesh was one of the 10 top growth economies in the
world in 2018, she said.