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Economic environment of Bangladesh-3

Microeconomic trends of Bangladesh economy:


• GDP,
• savings,
• Investment and employment,
• Export and import,
• Tourism,
• Recent economic development.
GDP (Bangladesh)

 Gross domestic product (GDP) is a monetary


measure of the market value of all the final goods
and services produced in a specific time period.
 The OECD defines GDP as "an aggregate measure
of production equal to the sum of the
gross values added of all resident and institutional
units engaged in production and services.
• The ratio of GDP to the total population of the
region is the per capita GDP and the same is
called Mean Standard of Living.
• GDP is often used as a metric for
international comparisons as well as a
broad measure of economic progress. It is
often considered to be the "world's most
powerful statistical indicator of national
development and progress“
• Now economy of Bangladesh is composed of
three main sector.
• 1) Agriculture
• 2) Industry and
• 3) Service.
• The economy of Bangladesh is a developing
market economy. It's the 39th largest in the
world in nominal terms, and 30th largest by
purchasing power parity; it is classified among
the Next Eleven emerging market
middle income economies and a
frontier market.
• In the first quarter of 2019, Bangladesh's was
the world's seventh fastest growing economy
with a rate of 7.3% real GDP annual growth.
• Dhaka and Chittagong are the principal
financial centers of the country, being home to the
Dhaka Stock Exchange and the
Chittagong Stock Exchange.

• The financial sector of Bangladesh is the second


largest in the Indian subcontinent. Bangladesh is
one of the world's fastest growing economy.
• In the decade since 2004, Bangladesh averaged a
GDP growth of 6.5%, that has been largely driven by
its exports of ready made garments, remittances
and the domestic agricultural sector.
• The country has pursued
export-oriented industrialization, with its key
export sectors include textiles, shipbuilding,
fish and seafood, jute and leather goods. It has
also developed self-sufficient industries in
pharmaceuticals, steel and food processing.

• Bangladesh's telecommunication industry has


witnessed rapid growth over the years,
receiving high investment from foreign
companies.
• Bangladesh also has substantial reserves of
natural gas and is Asia's seventh largest gas
producer. Offshore exploration activities are
increasing in its maritime territory in the Bay
of Bengal. It also has large deposits of
limestone.
• The government promotes the
Digital Bangladesh scheme as part of its efforts
to develop the country's growing information
technology sector.
• As of 2020, Bangladesh's GDP per capita income is
estimated as per IMF data at US$5,139 (PPP) and
US$2,064 (nominal).
• Bangladesh is a member of the
D-8 Organization for Economic Cooperation, the
South Asian Association for Regional Cooperation,
the International Monetary Fund, the World Bank,
the World Trade Organization and the
Asian Infrastructure Investment Bank.
• The economy faces challenges of infrastructure
bottlenecks, bureaucratic corruption, and youth
unemployment.
• Bangladesh's Gross Domestic Product(GDP) is
set to grow by the country's economic history
in the current fiscal history
• Bangladesh gdp for 2019 was $302.57B,
a 10.41% increase from 2018.
• Bangladesh gdp for 2018 was $274.04B,
a 9.74% increase from 2017.
• Bangladesh gdp for 2017 was $249.71B,
a 12.78% increase from 2016.
• Bangladesh gdp for 2016 was $221.42B,
a 13.5% increase from 2015.
• Bangladesh is strategically important for the
economies of Northeast India, Nepal and
Bhutan, as Bangladeshi seaports provide
maritime access for these landlocked regions
and countries.
• China also views Bangladesh as a potential
gateway for its landlocked southwest,
including Tibet, Sichuan and Yunnan.
• Savings (Bangladesh)
• Bangladesh Gross Savings Rate was measured at
28.4% in Jun 2019,compared with 27.4% in the
previous year.
• Bangladesh Gross Savings Rate is updated yearly,
available from Jun 2006 to Jun 2019,With an average
rate of 28.9%.
• The data reached an all time high of 30.8% in Jun
2016 and a record low of 27.4% in Jun 2018.
• The Jun 2019 data is provincial estimates only.
• Bangladesh's Nominal GDP reached 274.0 USD in Jun
2018.Its GDP deflator(implicit price deflator)
increased 4.2% in Jun 2019.

• Bangladesh's GDP per Capita reached 1,827.0 USD in


Jun 2019

• Personal Savings in Bangladesh increased to 6067.90


BDT Billion in 2019 from 5138.92 BDT Billion in 2018.
• Bangladesh’s recent economic development journey
has – so far – been a successful one. The country has
a nearly unmatched growth rate with GDP expected
to rise to 7 per cent in 2020, meaning GDP per capita
is on course to surpass India by 2030.
• Poverty has rapidly reduced from over 40 per cent in
1991 to around 14 per cent in 2016/17, according to
the World Bank. The largest least developed country
(LDC) in the world in terms of both population and
economic size, Bangladesh hopes to graduate from
the UN’s LDC category in 2024.
Investment and employment
• Bangladesh is following similar development reforms to those
experienced by India in recent years and we believe it could
emerge as one of the strongest economies in the region.
• We’ve been investing in Bangladesh for more than ten years
and are excited by the country’s potential economic growth
and the benefits this can bring to its people.
• The majority of our portfolio value (80 per cent) is in
infrastructure, but our investments span a number of sectors
including communications, manufacturing and trade.
• We are particularly interested in financial institutions,
domestic manufacturing and infrastructure.
• The stock market capitalisation of the
Dhaka Stock Exchange in Bangladesh crossed
$10 billion in November 2007 and the $30
billion mark in 2009, and US$50 billion in
August 2010.
• Bangladesh had the best performing stock
market in Asia during the recent global
recession between 2007 and 2010, due to
relatively low correlations with developed
country stock markets.
• Recent (2011) trends for investing in Bangladesh as Saudi
Arabia trying to secure public and private investment in
oil and gas, power and transportation projects, United
Arab Emirates (UAE) is keen to invest in growing
shipbuilding industry in Bangladesh encouraged by
comparative cost advantage,
• Tata, an India-based leading industrial multinational to
invest Taka 1500 crore to set up an automobile industry in
Bangladesh, World Bank to invest in rural roads improving
quality of live,
• the Rwandan entrepreneurs are keen to invest in
Bangladesh's pharmaceuticals sector considering its
potentiality in international market, Samsung sought to
lease 500 industrial plots from the export zones authority
to set up an electronics hub in Bangladesh with an
• National Board of Revenue (NBR) is set to withdraw tax rebate
facilities on investment in the capital market by individual
taxpayers from the fiscal 2011–12. In 2011,
Japan Bank for International Cooperation ranked Bangladesh as
the 15th best investment destination for foreign investors

• We’re invested in RFL Electronics, an electronic goods


manufacturer and one of the largest employers in the country
outside of the garment industry.
• This investment has shown that producing these goods
domestically can help to make them more affordable and drive
consumption – and further develop the strength of the domestic
manufacturing base.
• Furthermore, as an investor and partner to RFL,
we’ve been able to help implement key environmental and social
changes
, which can bring real added value to a business and help its
ambitions to expand into international markets.
• Furthermore, as an investor and partner to RFL,
we’ve been able to help implement key environmental
and social changes
, which can bring real added value to a business and
help its ambitions to expand into international markets.
• Some critical challenges prevent investors from making
long-term commitments. The country still lags in the
World Bank’s Ease of Doing Business Index, ranking 176
out of 190 in 2018.
• It’s through these efforts to shape the investment
environment that we seek to mobilise further
investment in the country, as we continue to build on
our experience in supporting sustainable development
in Bangladesh.
• Employment
• By economic sector in Bangladesh 2020
• The statistic shows the distribution
of employment in Bangladesh by economic sector
from 2010 to 2020.
• In 2020, 37.75 percent of
the employees in Bangladesh were active in the
agricultural sector, 21.65 percent in industry and
40.61 percent in the service sector. Nov 10, 2020
• Job creation is an immense challenge for Bangladesh.
• Unemployment rate of 4.2%(3.1% for males and
6.7% for females)
• We need to look at what has worked best to create
jobs, focusing on sectors that have the highest
potential.
• Agriculture
• Agriculture is the largest employment sector in
Bangladesh. The performance of this sector has an
overwhelming impact on major macroeconomic
objectives like employment generation, poverty
alleviation, human resources development,
food security, etc.
• In 2020, 37.75 percent of
the employees in Bangladesh were active in the
agricultural sector,
• Underemployment remains a serious problem, and a
growing concern for Bangladesh's agricultural sector
will be its ability to absorb additional manpower.
• Finding alternative sources of employment will
continue to be a daunting problem for future
governments, particularly with the increasing
numbers.
• For successful transition of Bangladesh , agriculture
will also have to play a major role as an engine for
economic growth and employment
• Manufacturing and industry
• Many new jobs – mostly for women – have been created by the
country's dynamic private ready-made garment industry, which
grew at double-digit rates through most of the 1990s.
• By the late 1990s, about 1.5 million people, mostly women,
were employed in the garments sector as well as Leather
products specially Footwear (Shoe manufacturing unit).
• During 2001–2002, export earnings from ready-made garments
reached $3,125 million, representing 52% of Bangladesh's total
exports. Bangladesh has overtaken India in apparel exports in
2009, its exports stood at 2.66 billion US dollar, ahead of India's
2.27 billion US dollar and in 2014 the export rose to $3.12
billion every month.
• At the fiscal year 2018, Bangladesh has been able to garner
US$36.67 billion export earnings by exporting manufactured
goods, of which, 83.49 percent has come from the apparel
• In 2006, tens of thousands of workers
mobilized in one of the country's largest strike
movements, affecting almost all of the 4,000
factories.
• The Bangladesh Garment Manufacturers and
Exporters Association (BGMEA) uses police
forces to crack down. Three workers were
killed, hundreds more were wounded by
bullets, or imprisoned.
• In 2010, after a new strike movement, nearly
1,000 people were injured among workers as
a result of the repression.
In last decade, poverty dropped by around one third with
significant improvement in human development index, literacy,
life expectancy and per capita food consumption. With economy
growing close to 6% per year, more than 15 million people have
moved out of poverty since 1992.
• Information and Communication Technology:
• is growing example of what can be achieved after the
current government's relentless effort to create a skilled
workforce in ICT sector. The ICT workforce consisted of
private sector and freelance skilled ICT workforce.
• The ICT sector also contributed to Bangladesh's
economic growth. The ICT adviser to the prime minister,
is hopeful that Bangladesh will become a major player in
the ICT sector in the future. In the last 3 years,
Bangladesh has seen a tremendous growth in the ICT
sector.
• Bangladesh is a market of 160 million people with vast
consumer spending around mobile phones, telco and
internet. Bangladesh has 80 million internet users, an
estimated 9% growth in internet use by June 2017
• Bangladesh currently has an active 23
million Facebook users. Bangladesh currently has
143.1 million mobile phone customers.
• Bangladesh has exported $800 million worth of
software, games, outsourcing and services to
European countries, the United States, Canada,
Russia and India by 30 June 2017.
• The Junior Minister for ICTelecommunications and
Information Technology sT division of the Ministry
of Post, aid that Bangladesh aims to raise its export
earnings from the information and communications
technology (ICT) sector to $5 billion by 2021.
• In 2018 Bangladesh was the number 42 economy
in the world in terms of GDP (current US$), the
number 54 in total exports,
• the number 50 in total imports, the number 156
economy in terms of GDP per capita (current US$)
and the number 127 most complex economy
according to the Economic Complexity Index (ECI)
• Exports: The top exports of Bangladesh are
• Non-Knit Men's Suits($6.89B),
• Knit T-shirts ($6.76B),
• Knit Sweaters ($5.45B),
• Non-Knit Women's Suits ($4.91B), and
• Non-Knit Men's Shirts ($2.44B),
• Exporting mostly to
• Germany ($6.88B),
• United States ($6.23B),
• United Kingdom ($3.7B),
• Spain ($3.21B), and
• France ($3.06B).
• Bangladesh imported US$53 Billion worth of
goods from around the globe in 2018.up by
10.3% since 2015 and up by 6.2 from2017 to
2018
• Imports: The top imports of Bangladesh are
• Refined Petroleum($4.14B),
• Raw Cotton ($1.93B),
• Heavy Pure Woven Cotton ($1.38B),
• Light Pure Woven Cotton ($1.11B), and
• Non-Retail Pure Cotton Yarn($1.1B),
• Importing mostly from
• China ($17.7B),
• India ($8.54B),
• Singapore ($3.34B),
• Malaysia ($2.09B), and
• Indonesia ($1.89B).
• Location: Bangladesh borders Burma and India by land.
• Garment Industry of Bangladesh
• The readymade garments industry acts as a catalyst for the
development of Bangladesh. The "Made in Bangladesh" tag
has also brought glory for the country, making it a
prestigious brand across the globe. Bangladesh, which was
once termed by cynics a "bottomless basket" has now
become a "basket full of wonders."
• After the independence in 1971, Bangladesh was one of
poorest countries in the world. No major industries were
developed in Bangladesh, when it was known as East
Pakistan, due to discriminatory attitude and policies of the
government of the then West Pakistan. So, rebuilding the
war-ravaged country with limited resources appeared to be
the biggest challenge.
• The industry that has been making crucial
contribution to rebuilding the country and its
economy is none other than the readymade garment
(RMG) industry which is now the single biggest
export earner for Bangladesh. The sector accounts
for 81% of total export earnings of the country.
• The apparel industry of Bangladesh started its
journey in the 1980s and has come to the position it
is in today. The late Nurool Quader Khan was the
pioneer of the readymade garment industry in
Bangladesh. He had a vision of how to transform the
country. In 1978, he sent 130 trainees to South Korea
where they learned how to produce readymade
garments.
• With those trainees, he set up the first factory
"Desh Garments" to produce garments for export.
• At the same time, the late Akhter Mohammad Musa
of Bond Garments, the late Mohammad Reazuddin
of Reaz Garments, MdHumayun of Paris Garments,
Engineer Mohammad Fazlul Azim of Azim Group,
Major (Retd) Abdul Mannan of Sunman Group, M
Shamsur Rahman of Stylecraft Limited,
• The first President of BGMEA, AM Subid Ali of
Aristocrat Limited also came forward and
established some of the first garment factories in
Bangladesh.
• Following their footsteps, other prudent and
hardworking entrepreneurs started RMG
factories in the country.
• Since then, Bangladeshi garment industry did
not need to look behind. Despite many
difficulties faced by the sector over the past
years, it has carved a niche in world market
and kept continuing to show robust
performance.
• Strength
• Considerable Qualified/keen to learn workforce available
at low labor charges.
• Energy at low price
• Easily accessible infrastructure like sea road, railroad, river
and air communication.
• Accessibility of fundamental infrastructure, which is about
3 decade old, mainly established by the Korean,
Taiwanese and Hong Kong Chinese industrialists.
• FDI is legally permitted.
• Moderately open Economy, particularly in the Export
Promotion Zones.
• GSP under EBA (Everything But Arms) for Least Developed
Country applicable (Duty free to EU).
• Improved GSP advantages under Regional Cumulative.
• Looking forward to Duty Free Excess to US, talks are on, and
appear to be on hopeful track.
• Investment assured under Foreign Private Investment
(Promotion and Protection) Act, 1980 which secures all
foreign investments in Bangladesh.
• Overseas Private Investment Corporation, USA insurance
and finance agendas operable
• Bangladesh is a member of Multilateral Investment
Guarantee Agency (MIGA) under which protection and
safety measures are available.
• Weakness of currency against dollar and the condition will
persist to help exporters
• Readiness of new units to enhance systems and create
infrastructure accordant with product growth and fast
reactions to circumstances
• Problems surrounding readymade garments
sector:
• The garment industry of Bangladesh has been the
key export division and a main source of foreign
exchange for the last 25 years. National labor laws
do not apply in the EPZs, leaving BEPZA in full
control over work conditions, wages and benefits.
• Garment factories in Bangladesh provide
employment to 40 percent of industrial workers.
But without the proper laws the worker are
demanding their various wants and as a result
conflict is began with the industry
• 1. Raw materials:
• Bangladesh imports raw materials for
garments like cotton, thread color etc. This
dependence on raw materials hampers the
development of garments industry. Moreover,
foreign suppliers often supply low quality
materials, which result in low quality products
• 2. Unskilled workers:
• Most of the illiterate women workers
employed in garments are unskilled and so
their products often become lower in quality.
• 3. Improper working environment:
• Taking the advantages of workers' poverty and ignorance
the owners forced them to work in unsafe and unhealthy
work place overcrowded with workers beyond capacity of
the factory floor and improper ventilation.
• Most of the garment factories in our country lack the basic
amenities where our garment workers sweat their brows
from morning to evening to earn our countries the major
portion of our foreign exchange. Anybody visiting the
factory the first impression he or she will have that these
workers are in a roost.
• Improper ventilation, stuffy situation, filthy rooms are the
characteristics of the majority of our factories. The owners
profit are the first priority and this attitude has gone to
such an extent that they do not care about their lives.
• 4. Lack of managerial knowledge:
• There are some other problems which are
associated with this sector. Those are- lack of
marketing tactics, absence of easily on-hand
middle management, a small number of
manufacturing methods, lack of training
organizations for industrial workers, supervisors
and managers, autocratic approach of nearly all
the investors, fewer process units for textiles and
garments, sluggish backward or forward blending
procedure, incompetent ports, entry/exit
complicated and loading/unloading takes much
time, time-consuming custom clearance etc.
• 5. Gendered division of labor:
• In the garment industry in Bangladesh, tasks are
allocated largely on the basis of gender. This
determines many of the working conditions of
women workers. All the workers in the sewing
section are women, while almost all those in the
cutting, ironing and finishing sections are men.
• Women workers are absorbed in a variety of
occupations from cutting, sewing, inserting
buttons, making button holes, checking, cleaning
the threads, ironing, folding, packing and training
to supervising.
• Women work mainly as helpers, machinists and
less frequently, as line supervisors and quality
controllers. There are no female cutting masters.
Men dominate the administrative and
management level jobs. Women are discriminated
against in terms of access to higher-paid white
collar and management positions.
• When asked why they prefer to employ women
foe sewing, the owner and managers gave several
reasons. Most felt that sewing is traditionally
done by women and that women are more
patient and more controllable than men.
• 6. Wages:
• The government of Bangladesh sets minimum wages for
various categories of workers. According of Minimum
Wage Ordinance 1994, apprentices’ helpers are to
receive Tk500 and Tk930 per month respectively.
Apprentices are helpers who have been working in the
garment industry for less than three months.
• After three months, Apprentices are appointed as
helpers. Often female helpers are discriminated against
in terms of wages levels, and these wages are also often
fixed far below the minimum wage rate. A survey
conducted in 1998 showed that 73% of female helpers,
as opposed to 15% of their male counterparts, did not
receive even the minimum wage.
• 7. Insufficient of loan:
• Insufficiency of loan in time, uncertainly of
electricity, delay in getting materials, lack of
communication, problem in taxes etc. Often
obstruct the industry.
• In the world market 115 to 120 items of dress are
in demand where as Bangladesh supplies only ten
to twelve items of garments. India, south Korea,
Hong Kong, Singapore, Thailand, Taiwan etc, have
made remarkable progress in garments
industries. Bangladesh is going to challenge the
garments of those countries in the world market.
• 8. Unit labor cost:
• Bangladesh has the cheapest unit labor cost in South Asia. It costs
only 11 cents to produce a shirt in Bangladesh, whereas it costs
79 cents in Sri Lanka and 26 cents in India. Clearly, Bangladesh’s
comparative advantage lies in having the cheapest unit labor cost.
• 9. Working hours:
• Though the wages are low, the working hours are very long. The
RMG factories claim to operate one eight-hour shift six days a
week. The 1965 factory Act allows women to work delivery
deadlines; however, women are virtually compelled to work after
8 o’clock. Sometimes they work until 3 o’clock in the morning and
report back to start work again five hours later ar 8 o’clock. They
are asked to work whole months at a time the Factory Act, which
stipulates that no employee should work more than ten days
consecutively without a break.
• 10. Poor accommodation facilities:
• As most of the garment workers come from the poor family and
comes from the remote areas and they have to attend to the
duties on time, these workers have to hire a room near the
factory where four to five huddle in a room and spend life in sub
human condition.
• For four to five workers there is one common latrine and a
kitchen for which they have to pay from Tk=2000 to
Tk=2500/-.They share this amount among themselves to
minimize the accommodation expense.
• One cannot believe their eyes in what horrible condition they
have to pass out their time after almost whole day of hard work
in the factory. After laborious job they come into their roost,
cook their food and have their dinner or lunch in unhygienic floor
or bed and sleep where they take their food. They share the
single bed or sleep on the floor.
• 11. Safety Problems:
• Because of the carelessness of the factory management
and for their arrogance factory doors used to be kept
locked for security reason defying act
• Safety need for the worker is mandatory to maintain in all
the organization. But without the facility of this necessary
product a lot of accident is occur incurred every year in
most of the company.
• 12. Political crisis:
• Garments industries often pay dearly for political unrest,
hartal and terrorism etc.
• The international market has withdrawn quota advantage
over garments export form Bangladesh since December
2005.
• Bangladesh has to advance cautiously for getting better
0position of her garments in the world market. Finally
destruction of twin tower in 11 September 2001. invasion
on Afghanistan and Iraq and depression in world Economy
have seriously affected the export trade of Bangladesh.

• Major market of RMG industry


• The RMG industry of Bangladesh fully depends on the
export. The major importer of RMG products are USA and
Europe.
• But there is other country that has a contribution to the
total RMG export. The following table contains the list of
major importer of our RMG products.
• Table- : Major market of RMG industry
• (Tk in million)
• Country Amount
• Belgium---------------3812.00
• Canada----------------6218.00
• France-----------------13078.00
• Germany--------------27008.00
• India--------------------80.00
• Italy---------------------22.00
• Netherlands----------10619.00
• Sweden----------------3058.00
• Turkey------------------2681.00
• U.K.---------------------15411.00
• U.S.A--------------------43368.00
• Source: Bangladesh bank ( April to June)

• Contribution to Economy
• The Ready-Made Garments (RMG) industry
contributes to the Bangladesh economy in a
distinctive manner. The last 20 years witnessed
unparalleled growth in this sector, which is also
the largest exporting industry in Bangladesh.
• It has attained a high profile in terms of foreign
exchange earnings, exports, industrialization and
contribution to GDP within a short span of time.
• The industry plays a significant role in terms of
employment generation.
• Nearly two million workers are directly and
more than ten million inhabitants are
indirectly associated with the industry.
• In addition to its economic contribution, the
expansion of RMG industry has caused
noticeable changes by bringing more than
1.12 million women into the workforce.
• Hence it is quite apparent that this sector has
played a massive role in the economic
development of the country.
• RMG’s contribution in terms of GDP is highly
remarkable; it has reached 13 percent of GDP
which was only about 3 percent in 1991.
• It also plays a pivotal role to promote the
development of other key sectors of the
economy like banking, insurance, shipping,
hotel, tourism, road transportation, railway
container services, etc.
• One of the key advantages of the RMG industry
is its cheap labor force, which provides a
competitive edge over its competitors.
• The sector has created employment
opportunities for about two million people of
which 70 percent are women who mostly
come from rural areas.
• Thus the industry helps in the country’s social
development, women empowerment and
poverty alleviation.
• Currently RMG earns the lion’s share of
foreign exchange earnings.
• Tourism in Bangladesh:
• Bangladesh's tourist attractions include historical
monuments, resorts, beaches, picnic spots, forests and
tribal people, wildlife of various species. Activities for
tourists include angling, water skiing, river cruising,
hiking, rowing, yachting, and sea bathing.
• In the northern part, comprising the Rajshahi division,
there are archaeological sites, including the temple city
Puthia in Rajshahi; the largest and most ancient
archaeological site, Mahasthangarh in Bogra.
• The single largest Buddhist monastery, Paharpur in
Naogaon; the most ornamental terracota Hindu temple,
Kantaji Temple, and many rajbaris or palaces of old
zamindars.
• In the south-eastern part, which is the
Chittagong Division, there are natural and hilly
areas like Chittagong Hill Tracts, along with sandy
sea beaches. The most notable beach, in Cox's
Bazar, is a contender for the title of longest
unbroken sandy sea beach in the world.[3]
• Cox's Bazar is the longest natural unbroken sea
beach in the world.
• In the south-western part, mainly the Khulna
Division, there is the Sundarbans, the largest
mangrove forest of the world with
royal Bengal tiger and spotted deer.
• The historically and architecturally important
sixty domed mosque in Bagerhat is a notable
site. In the north-eastern part, Sylhet division,
there is a green carpet of tea plants on small
hillocks.
• Natural reserved forests are great attractions.
Migratory birds in winter, particularly in the
haor areas, are also very attractive in this area.
• Ministry of Tourism and
The Civil Aviation Ministry designs national
policies for the development and promotion
of tourism.
• The Ministry also maintains the Beautiful
Bangladesh campaign.
• Bangladesh Government has formed Tourist
Police unit to better protect local and foreign
tourists as well as look after the nature and
wildlife in the tourist spots.
THANK YOU VERY MUCH

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