Bangladesh has undergone rapid socioeconomic progress in recent decades, attaining lower middle-income status in 2015. Between 2001 and 2019, poverty declined from 48.9% to 20.5%, and extreme poverty from 34.3% to 10.5%. However, the country has faced several challenges in its continuing climb to upper middle-income status. These challenges include (i) boosting investment to accelerate econo
Roads are the most important element of Azerbaijan’s in-land transport network and the country’s vehicle fleet was expected, as of 2007, to rapidly increase over the medium term. To expand the road network, as well as to rehabilitate/reconstruct sections that were in unsatisfactory condition because of inadequate maintenance funding and poor management of axle load control, the Asian Developme
Mongolia’s economy grew rapidly between 2004 and 2014. This propelled the country into middle-income status by 2011 and allowed it to expand its social welfare programs through large fiscal surpluses and distributed mining income. Social transfers, which accounted for about 40% of the income of poor people, significantly reduced poverty.
In July 2006, the government of Azerbaijan developed its Road Network Development Program (RNDP), 2006–2015. The program aimed to improve the country’s road network, which was about 70% in poor condition, resulting in high transport costs, long delivery times, and traffic accidents. Such a condition constituted an impediment to non-oil sector growth and poverty reduction.
In 2007, some 80% of Sri Lanka’s population had access to safe water supplies, through either piped, protected well, or rainwater systems. The same proportion had access to safe sanitation.
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