Energy Needs13 Feb 2019 12:31
Bangladesh is at a critical stage in its development, looking to reach middle-income status by 2021. Key to this change is the expanded growth of GDP, from its stable 5-6% current growth to a 7.5% to 8% level. To reach the next level, Bangladesh will need to overcome a number of constraints to continue on its export-led growth path.
These are: (i) Insufficient supply of reliable energy, (ii) policies that indirectly stunt the development of economic activities unrelated to ready-made garment exports, (iii) insufficient security about property and land rights due in part to inadequate registry systems.