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Economic Development

Economic development is the precondition of higher living standard
Therefore we should focus on economic development at first

We know infrastructural development is a must
For economic development of any country
So the government should go for it in the first place
And if necessary they should go for partnership with private entrepreneurs

Now it’s an open market economy
If we want to take off to the sky of prosperity
We need to utilize our own resources including manpower

We need to figure out our competitive advantages
Because it’s not a hard task for us in the information era

Now-a-days tourism is a lucrative sector for any government
Because we are living in the time of globalization

Protectionism is now a history
That’s why
The role of commercial banks and other financial institutions
Is more pivotal than ever

They should provide loan to the industrialists
In such a manner and style
So that the latter can import cutting-edge tech
In order to survive in the fierce competition of open market

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