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Bangladesh is in
the process of transition from a predominantly agricultural
economy to a modern economy. There have been significant
shifts in the structure of the economy during the last two
decades. The share of agriculture in Bangladesh's GDP has
fallen from 55 percent in 1970 to 33 percent in 1994-95.
The private sector is envisaged to play an increasingly active
role with public sector development programmes concentrating
on basic infrastructure and human resource development.
In recognition of the private sector's ability to contribute
towards achievement of the goal of socio-economic improvement
to its people and self-reliant for the nation, the government
has recently implemented policy reforms to create a more open
and competitive climate for both foreign and local investment.
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