No poor people in BD from 2019: Muhith (The Financial Express (Bangladesh))

Finance Minister AMA Muhith said Saturday there will be no poor people in Bangladesh from 2019.

“The rate of poverty will come down to 11 per cent in 2019 from the current level of 24 per cent,” Mr Muhith said.

Some 11-14 per cent poverty rate in any country means no poverty as there are citizens of the bracket belonging to disabled, widows and old citizens.

Besides, there are some people who voluntarily remain unemployed being a burden on the state.

Such types of people remain outside the economic activities and thus stay in the poor group of the society.

But Malaysia is a country which has only 7.0 per cent poverty of its total population, much lower than the world average.

The finance minister’s comment on the country’s poverty came at a meeting with journalists at the conference room of the Finance Division.

He was speaking at a curtain-raiser meeting of a high-level conference on South-South and Triangular Cooperation in the post-2015 Development Agenda: Financing for Development in the South and Technology Transfer.

The two-day international meeting will begin in Dhaka today (Sunday).

Prime Minister Sheikh Hasina will be present at the opening session as the chief guest.

The event aims at exploring alternative options of financing for development and technology transfer to aligning with the means of implementation of the post-2015 development agenda.

The conference will bring together government ministers, senor officials and practitioners for discussion on how South-South and Triangular Cooperation could be better oriented towards attainment of internationally-agreed development goals today and in the years ahead.

The UN is now working on how to sustain attainment of the Millennium Development Goals (MDGs) and how to progress further.

Bangladesh has already attained a number of goals before the 2015 mark.

There are eight international development goals that were established following the Millennium Summit of the United Nations in 2000, following adoption of the United Nations Millennium Declaration. All 189 UN member-states at the time (there are 193 currently), and at least 23 international organisations, were committed to help achieve the MDGs by 2015. The post-2015 development agenda refers to a process led by the UN that aims at helping define future global development framework succeeding the MDGs.

Economic Relations Division senior secretary Mohammad Mejbahuddin said around 150 local and international participants are expected to attend the conference. Representatives will come from 45 countries and 13 organisations,” he said.

The ERD senior secretary said the main objective of the meeting is to prepare documents on how to sustain the MGDs in post 2015 era, exchange of knowledge and experience and summing up of recommendations for the next summit to be held in Addis Ababa in July next. AK Abdul Momen, president of the General Assembly High-Level Committee on South-South Cooperation said Bangladesh needs global leadership in this context.

“Bangladesh can lead the South-South cooperation and is hosting the event for this reason,” he said. He said Bangladesh has successfully addressed all its critical issues like energy crisis, quality education and food crisis in the post 2015 agenda that will be approved in the Addis Ababa summit.