The Bangladesh Institute of Development Studies (BIDS) survey report revealed that the overall poverty rate decreased by 4.3 percent in Dhaka City between 2019 and 2022.
At the same time, 11 percent of the new population fell under the poverty line while 15 percent of the population overcame the poverty line due to an increase in their income ratio between 2019 and 2022. Among the remaining 20 percent population under the poverty line around 9 percent could not overcome it, the BIDS said.
Explaining the poverty rate, Director General of BIDS Dr Binayak Sen told UNB that 15 percent of people could overcome poverty due to self-employment, income transfer both from the private and public sectors, and financial dissaving.
The reduction of poverty happened due to self-employment, income transfer both from the private and public sectors, and dissaving, he said.
Around 11 percent people fell under the poverty line due to losing employment, losing self-employment in micro and small businesses, he said.
"This is a considerable progress in poverty reduction under the duress of Covid-19," Sen said while presenting a paper on "Urban Poverty Dynamics during Covid-19 Anatomy of Resilience".
The think-tank also found that the proportion of extremely poor households declined by 3.2 percent from 17.01 percent to 13.83 percent during the period.
The BIDS disclosed the findings of the survey at the BIDS Research Almanac 2023, held in a city hotel on Wednesday.