Redefining the Development Strategy by Addressing the Faultlines of the 7th Five Year Plan
During the Seventh Five Year Plan period (2015-2020), Bangladesh witnessed significant development achievements. These include increases in literacy rate, life expectancy at birth (aged 15 and above), rice production, energy production, remittance earning, and sectoral contribution in GDP. In the last five years, along with accelerated economic growth, macroeconomic stability in terms of low inflation and stable exchange rate, improvement in Gender Gap Index, more than one crore people came out of poverty. Despite these achievements, several faultlines were also visible during the last five years.