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BNP Pledges One Crore Jobs in 18 Months, Sets $1 Trillion GDP Target by 2034

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Published At: 01:31:58am, 10 April 2025

Updated At : 01:31:58am, 10 April 2025

Photo: Collected

ছবি: Photo: Collected

The Bangladesh Nationalist Party (BNP) has unveiled an ambitious economic roadmap, promising to create employment for one crore people within the first 18 months if voted to power. The announcement was made in conjunction with the Bangladesh Investment Development Authority's (BIDA) Investment Conference 2025, where the party also presented a target of achieving a $1 trillion GDP by the year 2034.

Mirza Fakhrul Islam Alamgir, the Secretary General of BNP, shared details of the party’s economic vision through a verified post on his official Facebook page on Thursday, April 10. According to him, BNP aims to raise the Foreign Direct Investment (FDI) to GDP ratio from the current 0.45% to 2.5%, as part of its broader strategy to stimulate economic growth and investor confidence.

The party emphasized its commitment to economic reforms, particularly in taxation and human resource development. BNP plans to ease the tax burden on citizens while reforming the taxation system to enhance public confidence. The party proposes a dual approach: reducing excessive tax pressure and introducing mechanisms to collect taxes more effectively without instilling fear among the people.

Fakhrul stated that BNP, if it assumes power, will invest heavily in enhancing the skills and productivity of the country’s human resources. The party seeks to expand both the scope and volume of overseas employment through structured training programs, incentives, and practical skill development initiatives. This, BNP believes, will surpass previous achievements in foreign employment initiatives.

To attract greater levels of foreign investment, BNP has proposed eleven regulatory reforms designed to create a more favorable business environment. These include enhancing the effectiveness of BIDA, modernizing visa and work permit regulations, establishing 24/7 services for investors, ensuring automatic repatriation of profits, creating a robust local skilled workforce, formulating laws to guarantee investor protection, and implementing necessary infrastructural developments.

Mirza Fakhrul also emphasized that under BNP’s governance, a comprehensive approach would be taken to bolster human capital development. This includes not only local training programs but also international placement support, aiming to position Bangladesh as a prime supplier of skilled labor globally.

The BNP’s economic vision was also echoed by the party’s acting chairman, Tarique Rahman, who shared a goodwill message for the Investment Conference. In his message, Rahman underscored three core principles: the importance of national unity as a foundation for development, the pivotal role played by former President Ziaur Rahman’s administration in enacting investment-friendly laws, and the investment-supportive policies of the Khaleda Zia governments.

BNP believes that these policies, combined with a transparent and growth-oriented regulatory environment, will rejuvenate foreign investor interest and ultimately drive Bangladesh’s economic trajectory toward the $1 trillion GDP goal by 2034.

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