Join us for a presentation by FCDO Development Director, Matt Cannell, as he shares insights on the UK’s development support priorities for Bangladesh and how these align to the UK government’s International Development Strategy.
We are delighted to announce a series of sessions with FCDO Development Directors who will share more in-depth insights and understanding of their respective countries’ development priorities. This follows on from the recently published International Development Strategy, which sets the direction for all of the UK government’s development work and aims to draw on expertise from the private sector, civil society and academia to advise and challenge on implementation.
Join us as we host Matt Cannell, the Development Director in Bangladesh for the FCDO who will present the Government’s development priorities and programming for Bangladesh.
According to FCDO Development Tracker, Bangladesh’s economy has grown. GDP growth accelerated to 6.9% in 2021 as pandemic related restrictions were reduced, led by a rebound of manufacturing and service sector activities. However, Bangladesh still has 37 million people living in poverty, and 21 million of those living in extreme poverty. Bangladesh is also extremely vulnerable to natural disasters such as floods and cyclones. The unstable politics and poor governance risks slowing the progress made so far, as do social problems such as violence against women, early marriage and rising signs of extremism.
Bangladesh, being one of the poorest nations at birth in 1971, reached lower-middle income status in 2015. To achieve its vision of attaining upper middle-income status by 2031, Bangladesh needs to create jobs and employment opportunities through a competitive business environment, increased human capital and skilled labour force, efficient infrastructure, and a policy environment that attracts private investments.