Muhammad Yunus, Nobel Lecture, Oslo, December 10, 2006  
“Poverty is a Threat to Peace”
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September 8, 2017: 270,000 Rohingya have fled to Bangladesh in 2 weeks
The United Nations High Commissioner for Refugees (UNHCR) is calling for action to address
the root causes of violence in Myanmar as the agency works to provide support and shelter for
Rohingya refugees fleeing the country. More than 270,000 Rohingya have fled to Bangladesh
over the past two weeks, and more than 1,000 people may have been killed in Myanmar, UN
officials say.
August 22, 2017: Floods claim more than 800 lives across India, Nepal and Bangladesh
As reported by the Guardian: In Bangladesh, where the floods are thought to be the most
severe in 100 years, more than a third of the country has been submerged. Najibullah
Hameem, chief of the UNICEF field office in Bangladesh, told the Guardian on Monday that
water levels are now going down, but that aid workers are running out of crucial supplies
needed to protect communities from disease. In Bangladesh, at least 115 people have died and
more than 5.7 million are affected.
August 2, 2017: Metro rail construction work begins
As reported by the Daily Star, the construction work of the 20 kilometer (12.4 miles) long metro
rail began today. The project aims to ease the perennial traffic congestion in Dhaka and
provide an improved, faster, comfortable and environmentally-friendly means of public
transportation. The estimated time to travel the 20km distance, from north end of Uttara to
Motijheel, is 35 minutes.
July 12, 2017: How poverty affects the brain
As reported by Carina Storrs in nature (the international weekly journal of science), an
unprecedented study in Bangladesh could reveal how malnutrition, poor sanitation and other
challenges make their mark on child development. Researchers are trying to untangle the links
between growth and neurological development. Is bad nutrition alone the culprit? What about
emotional neglect, infectious disease or other challenges? Shahria Hafiz Kakon is at the front
line trying to answer these questions in the slums of Dhaka, Bangladesh, where about 40
percent of children have stunted growth by the age of two. As a medical officer at the
International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b) in Dhaka, she is
leading the first-ever brain-imaging study of children with stunted growth.
July 7, 2017: Bangladesh has lower SDG Index than India, Nepal and Sri Lanka
With Rank 120, Bangladesh ranked lower than most other South Asian countries in the 2017
edition of the Sustainable Development Goal (SDG) Index, in which India ranked 116, Nepal
ranked 105, and Sri Lanka ranked 81. The annual report shows how leaders can deliver on
their promise and it urges countries not to lose the momentum for important reforms. It is
produced by the Sustainable Development Solutions Network (SDSN) and the Bertelsmann
June 21, 2017: ADB) signs $300 million in loans for Bangladesh rail project
As reported by, the Asian Development Bank (ADB) has signed $300 million in
loans for Bangladesh to build a dual-gauge railway connecting Chittagong and Cox’s Bazar.
The new rail link, which opens in 2022, aims to transport 2.9 million passengers annually
between Chittagong and Cox's Bazar by 2025. The fund is the first part of $1.5 billion ADB
loans for the SASEC Chittagong-Cox’s Bazar Railway Project.
Chittagong-Cox’s Bazar Railway
forms part of the Trans-Asia Railway network, an initiative led by the United Nations, aiming to
provide seamless rail links between Asia and Europe to better connect people and markets.
June 11, 2017: Bangladesh Leads in Solar Home System Installations Worldwide
As reported by Mohammad Al-Masum Molla in the Daily Star, Bangladesh has topped a global
list of countries that have installed the highest number of Solar Home Systems (SHS). Based on
the “Renewables 2017 Global Status Report” of the more than 6 million SHS and kits in
operation worldwide as of 2016, Bangladesh has, with more than 4 million units installed, the
largest SHS market worldwide.
LEARN MORE (Daily Star News Report) --->
LEARN MORE (Renewables 2017 Global Status Report) --->
May 25, 2017: FDI Flow Still Slow Despite Policy Support
Bangladesh is not getting foreign direct investment (FDI) at an expected level although the
government has taken different initiatives to give easy access to such funds, analysts said
yesterday. Furthermore, private sector investment accounts for only 23 percent of the country’s
GDP, which has also failed to meet the expectations.
LEARN MORE (Daily Star News Report) --->
LEARN MORE (See Chapter 6 of a new book on Bangladesh’s economy) --->
May 1, 2017: Bangladesh Moves to Burn Grain for Fuel
Reuters reports that Bangladesh plans to begin turning some of the grain it produces into
ethanol to make its fuel greener – but economists and experts warn the move could hurt food
security in a country that is already a grain importer.
April 24, 2017: Growth without Good Governance is Hollow
As reported by the Daily Star, economic growth would be meaningless unless there is good
governance, said Akbar Ali Khan, former caretaker government adviser, yesterday at a
discussion, which was part of a two-day annual event of the Bangladesh Institute of
Development Studies (BIDS).
April 18, 2017: Bangladesh Bank appoints Dr. Faisal Ahmed as Chief Economist
Dr. Faisal Ahmed, who previously held several positions at the International Monetary Fund
(IMF), including IMF representative to Cambodia from 2011-15, has been appointed Chief
Economist of Bangladesh’s central bank. He has worked as a Senior Economic Adviser to the
Governor of Bangladesh Bank since August 2015. Dr. Ahmed holds a Ph.D. in Economics from
the University of Minnesota and a Master’s degree in Finance from Princeton University.
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