Bangladesh has had a Ba3 (stable) rating from Moody's since 2010. Due to its strategic location, Bangladesh can be the Singapore of South Asia. The poverty rate in Bangladesh is decreasing. In fact absolute poverty decreased 8,9 % in just 5 years, from 40.4% in 2005 to in 31.5% in 2010. The Government is going ahead with a powerful plan to combat poverty with an amount of Tk 43.680 crore