PRSP- Tushin.pptx

7/27/2019 PRSP- Tushin.pptx

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PRSP (Poverty Reduction Strategy Pa


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Presented by: Tasnim Islam Tushin Roll 101Tahmina Binte Shoshi Roll 19Shompa Shaha Roll 72

Krishna Roy Chowdhury Roll18

Sabikunnahar Koli Roll 45

Khandakar Sonia Roll 38

Mst. Sharmin Akhter Roll 48


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Presented For:

Moin Uddin Ahmed

Couse instructor: Economy

Course: HE207


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PRSP

Conducted every 3 years.

In Association with Stakeholders and relevant development partners.

From social, cultural & macro economic perspective.

Bangladesh achievements:

Increased its real per capita income by more than 130 percent.

Cut poverty rate by sixty percent.

Set to achieve most of the millennium development goals.


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Unlocking the Potential: The PRSP Vision

Achievements in the fight against poverty

Reducing total fertility rate from 7.0 to 2.7

Increasing life expectancy from 46.2 years to 66.6

Rate of economic growth increased from an average of 4% in the 1970s to 6% in the 2000

Savings and investment rates increased from below 10 percent each in the 1970s to 24 percent (invepercent (savings rate) in FY10.

Achieving gender parity in primary and secondary education.

Tripling of the production of rice, thereby achieving near self-sufficiency in normal production years.

Economy is more flexible and resilient, as indicated by the ability to withstand the global financiaadverse effects.

More capable of handling natural disasters with minimum loss of life.


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Still

Still a low income country with substantial poverty, inequality and deprivation.

Most of the labor force is engaged in informal low productivity and low income jobs.

The access to secondary and tertiary education is limited

Quality of education at all levels is deficient.

The poor group of the population is severely disadvantaged in terms of ownership of assets anaccess to institutional finance as well as to basic services including quality education, heal

sanitation.

Publicly supported mitigating measures in the form of social protection programs are still inade

The quality of labor force is weak due to low access and low quality of education; women are

behind.


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Poverty

Incomelevels

Foodsecurity

Quality oflife

Asset bases

HRcapacities

Genderinequalities

Humansecurity

Initiativehorizons

Poverty: A Multidimensional Front


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Just as poverty is multi-dimensional, the

battle against poverty too has to be waged

on many fronts and with unremitting vigor.


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Challenges in crafting a scaled attack against povert

Lack of better understanding of ground realities

Encyclopaedic wish list hopelessly bereft of any sense of strategicpriority

finding the right balance, between growth and welfare objectives

Need for credible, conceptually sound and gender-disaggregatedbenchmarks


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Major Determinants of poverty in Bangladesh


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Major Determinants of poverty in Bangladesh

Recommendations from findings:

Expansion of literacy and skill developmentprograms

Provisioning of basic infrastructure

Increase female education by stipends

Expansion of basic health service

Reduce Infant Mortality Rate


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Nations Poverty Situation and Key Dimensions

Poverty Generally measured by:

Income Approach

Peoples own assessment

Long-term structural and behavioral trends.


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Trends in Income Poverty

Table: Poverty and Inequality in 1990s and 2000s


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Trends in Income Poverty


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Goal of Vision 2021

Targets if achieved will transform socio-economic environment of Banglade

income economy to the first stages of a middle income economy.

Citizens will have a higher standard of living- They will be better educa

better social justice, will have a more equitable socio-economic environm

sustainability of development will be ensured through better protection

change and natural disasters.

Political environment will be based on democratic principles- More empha

rights, freedom of expression, rule of law, equality of citizens irrespective of

and creed, and equality of opportunities.

Market economy will persist-The Bangladesh economy will be manage

framework of a market economy with appropriate government interventio

market distortions, to ensure equality of opportunities, and to ensure equ

justice for all.


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The implementation of Vision 2021

The implementation of Vision 2021

Will be done through two medium term development plans, with the first span

The Sixth Five year plan

A key focus will be on strategies, policies and institutions to help guide the pr

helping Bangladesh achieve the goals set in Vision 2021.

Fundamental task is to develop strategies, policies and institutions that allow B

accelerate growth and reduce poverty.


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How to achieve this?

Attain high economic growth such that it provides the foundations for sustaina

employment and incomes for the growing Bangladeshi labor force. This req

and actions on the:

o Demand side of the labor market

o Supply side of the labor market

Create more employment opportunities in the manufacturing and organized

and allowing a transfer of a large number of workers engaged in low producti

in agriculture and informal services sector of the economy to these higher inco

Enhance the income-earning opportunities of workers remaining in agriculture

productivity and increasing diversification of agriculture production.


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How to achieve this?

Increase the export potential and diversify the export base.

More focus on the ability to export well trained skilled and semi-skilled manp

as well as new destinations.

This demographic dividend will need to be properly harnessed.

Develop and implement a well thought out education and training strategy

policies and institutions.

Introduction of appropriate information and communication technology (ICT

implementation of the DigitalBangladesh initiative.

Reduce the growth of population.


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Sixth Plans strategies for capacity development consist of fpillars:

Strengthening the civil service- develop a long term program for re-building the civil

grounded in the socio-political realities in Bangladesh. This includes

merit-based recruitment and promotion

strong training

ensuring a proper incentive and work environment

establishing and enforcing clear rules of business and codes of conduct

seeking feedback on performance through a citizens charter.

Promoting devolution to local governments- institute strong elected local governments that

adequate financial autonomy and accountability for results. Much of the responsibility for d

services such as irrigation, district roads, education, health, population management, water

services will progressively be decentralized to local governments.


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Strengthening public-private partnerships- Partnership with the private sector for delivery of critical eco

as electricity and roads through PPP arrangements will be further strengthened on the basis of a wel

legal framework. Government will build on the existing positive track record of collaboration with NGO

health, education and micro-credit services to further enhance this collaboration.

Reforming planning and budgetary processes- efficient planning and budgetary systems can play a

helping improve the efficiency of public spending. The Government has been taking a number of steps

and budgetary processes:o One major initiative is the implementation of a Medium Term Budgetary Framework (M

replacement for incremental budgeting.

o A second initiative is to move away from the traditional public-investment focused plans to

indicative planning that puts emphasis on strategies, programs and policies for the entire econo

o A third initiative is to link better the medium-term development plans to the MTBF process by

living document with annual review of performance.

Sixth Plans strategies for capacity development consist of fpillars:


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Careful monitoring and evaluation of

policies and programs

To achieve this, the capacities of the Commission and the line ministries to uresults-based M&E will be strengthene

Implementation of the Plan will be rev

annual basis.

Development spending priorities and be reassessed on an annual cycle to econsistency of these allocations in lighresources that are available.

The proper

implementation of

the Plan willrequire:


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THANK YOU

Documents

PRSP- Tushin.pptx