12:00 AM, January 23, 2018 / LAST MODIFIED: 12:02 AM, January 23, 2018

Cabinet decision execution rate improves

Around 78 percent of the decisions the cabinet took in the fourth quarter of the last year have been implemented, which is 9 percentage points higher than that of the same period of the previous year.

This was revealed at the regular cabinet meeting held at the Prime Minister's Office in the capital with Premier Sheikh Hasina in the chair yesterday.

Briefing reporters after the meeting at the secretariat, Cabinet Division Secretary of Coordination and Reformation NM Ziaul Alam said a total of 68 decisions were taken in eight cabinet meetings from October 1 to December 31, 2017.

Among them, 53 decisions were implemented while 15 are underway, he said.

During the corresponding period of previous year, 68.94 percent of cabinet decisions were implemented.

The cabinet was informed about the measures taken to fulfill the ambition of Bangladesh to graduate from the Least Developed Country (LDC) status to that of middle-icome country.

He said three indexes are considered for the graduation and Bangladesh has already fulfilled the necessary conditions to come out from the LDC status.

The three indexes are Gross National Income (GNI) per capita, Human Assets Index (HAI) and Economic Vulnerability Index (EVI).

A country needs at least US$ 1,230 GNI per capita, 66 HAI and maximum 32 EVI. The GNI per capita of Bangladesh is US$ 1,271, while HAI is 72.9 and EVI is 24.8 according to the statistics of Bangladesh Bureau of Statistics (BBS), Ziaul said.

As per the statistics of CPD, GNI per capita of Bangladesh is US$ 1,271, while HAI is 72.8 and EVI is 25.

He said the name of Bangladesh will be recommended for the graduation in the upcoming triennial LDC review to be held in March next. Bangladesh will need to sustain its achievements in the three sectors till two consecutive triennial reviews.