BANGLADESH VS PAKISTAN--A tale of two economies

[kamruzzaman.bba]

The infamous quote 'Bangladesh is a bottomless basket' made by then US Secretary of State Henry Kissinger in 1974 has already been proved wrong.

In 1971, when Bangladesh achieved independence from Pakistan through a nine-month-long bloody battle that cost the lives of three million people, many doubted the survival of the new country.

But those concerns have dissipated long ago. In five years' time, Bangladesh is tipped to be a middle-income country.

Bangladesh's per capita income is estimated to be $1,909 at the end of the fiscal year, up from $120 in 1972.

Pakistan's per capita income stands at around $1,700 now from $180 in 1971. 

For More-
https://www.thedailystar.net/business/news/tale-two-economies-1720540

[Shakil Ahmad]

Yaap.

[drrana]

thanks for sharing