AL-led govt steps into 4th year in office today

DHAKA : The Awami League-led government under the leadership of Prime Minister Sheikh Hasina steps into its fourth year in office today.
On this day in 2014, the Awami League that led the nation’s War of Independence in 1971 under the leadership of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, formed the government for the second consecutive term after a landslide victory in the election to the 10th Jatiya Sangsad (Parliament).
The election was held on January 5, 2014 although BNP-Jamaat alliance created anarchy across the country unleashing vandalism, destruction, killing of people, torching of public and private properties and uprooting railway tracks.
Prime Minister Sheikh Hasina, however, restored peace and democracy in the country demonstrating bold, courageous and farsighted leadership.
In the past three years, the country saw significant successes in major areas including politics, economy, agriculture, combating terrorism and driving the IT sector towards attaining the middle-income status.
Global leaders and political analysts praised Sheikh Hasina for successfully restoring and maintaining peaceful political situation in the country and combating terrorism without any fear and hesitation. There was no big agitation like hartals, blockades and other destructive activities in the recent time that the whole nation witnessed in the past years.
The peaceful political situation helped the country’s economy grow faster than ever, setting newer records in many macro-economic indicators.
Bangladesh Bureau of Statistics (BBS) data showed that the annual growth rate of GDP (gross domestic product) hit the highest ever record at 7.11 percent in the outgoing year when the per-capita income surged to $1465, also the record high. The poverty rate also declined to 23.2 percent.
According to Bangladesh Bank, the point to point inflation was 5.38 percent in November, which was close to the target of 5.8 percent for 2016-17 financial year.
The reserve also hit a record nearing $32 billion in 2016, which was enough for meeting the country’s six months’ import cost.
Agriculture sector also showed robust growth in 2016 when the farmers of the country produced staple food-grains not only substantial for meeting the domestic demand, but also enough for exporting.
The country stood third in global vegetable and fourth in fish productions. Besides the record productions, stable and reasonable prices made both the farmers and the consumers happy in the outgoing year.
Bangladesh also made a significant footprint in combating terrorism in the outgoing year that was lauded worldwide. Like in the past few years, the country maintained the strong pace in driving the IT sector a major means for development and ensuring better public services to people.