adb growth forecast

ADB cuts Bangladesh’s growth forecast due to political unrest

The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024

ADB forecasts 6.1% GDP growth for Bangladesh in FY24, higher than World Bank’s

The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.

Asia to end 2023 on brighter note as China's economy recovers: ADB

Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously thought due mainly to a recovery in China's economy.

ADB raises growth forecast for Bangladesh’s economy to 6.5% for FY24

Bangladesh's gross domestic product (GDP) is expected to grow by 6.5 percent in fiscal year 2024, compared with an estimated growth of 6.0 percent in FY 2023, it said.

ADB raises growth forecast for Bangladesh’s economy to 6% for FY23

The latest forecast by the Manila-based multilateral lender is close to the estimate by the Bangladesh Bureau of Statistics (BBS) at 6.03 percent for the FY23.

September 25, 2024
September 25, 2024

ADB cuts Bangladesh’s growth forecast due to political unrest

The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024

April 11, 2024
April 11, 2024

ADB forecasts 6.1% GDP growth for Bangladesh in FY24, higher than World Bank’s

The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.

December 13, 2023
December 13, 2023

Asia to end 2023 on brighter note as China's economy recovers: ADB

Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously thought due mainly to a recovery in China's economy.

September 20, 2023
September 20, 2023

ADB raises growth forecast for Bangladesh’s economy to 6.5% for FY24

Bangladesh's gross domestic product (GDP) is expected to grow by 6.5 percent in fiscal year 2024, compared with an estimated growth of 6.0 percent in FY 2023, it said.

July 19, 2023
July 19, 2023

ADB raises growth forecast for Bangladesh’s economy to 6% for FY23

The latest forecast by the Manila-based multilateral lender is close to the estimate by the Bangladesh Bureau of Statistics (BBS) at 6.03 percent for the FY23.