Bangladesh economy needs to be diversified: Economist

Stressing the need for diversifying the economy alongside the RMG sector, former lead economist of the World Bank Dr. Zahid Hussain said that it is crucial to develop other sectors.

He came up with the observation at the fourth episode of Youth Policy Forum (YPF) talking policies titled ‘Growth, Competitiveness, and Macroeconomic Policies’ through a virtual programme.

This former lead economist pointed out that the RMG-centric economic policies have turned Bangladesh into a ‘Pyjama Republic’ though the contribution of the sector cannot be denied in our economy, foreign trade, and other aspects.

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