The test of a country’s stability is to what extent it can remain insensitive to any sort of change of government or leadership.
Growth has been the constant in the journey of the Bangladesh economy over the last two decades. Starting from 2004, excluding the outlier year of 2020 when the world economy was severely affected by the Covid-19 pandemic, Bangladesh has maintained a growth rate of over five percent or more.
Bangladesh’s economy has been passing through a challenging time for the past two years amidst growing pressure on foreign exchange reserves, the sharp depreciation of the taka and an elevated level of inflation
government is likely to lower its economic growth target by one percentage point for the fiscal year ending in June
Bangladesh wrapped up the last fiscal year of 2022-23 with slower economic growth. A similar trend has persisted in the ongoing fiscal year as portrayed by at least three key indicators: exports, remittances and imports. .The growth of export receipts, the biggest foreign currency earner f
Today, Dhaka is a dysfunctional megacity, an economic hub that has grown chaotically – outwards and upwards – to absorb more than 20 million people who live there, and hundreds of thousands more arriving each year.
Shares its assessment after conducting a staff visit to Dhaka starting April 25
The prospective loan programme of the International Monetary Fund will prime Bangladesh for graduation from the least-developed country bracket and reach middle-income country status by 2031, said the lender’s top official.
The World Bank yesterday delivered yet another bad news for the economy as the Washington-based multilateral lender pared back Bangladesh’s growth forecast for this fiscal year by 1.5 percent to 5.2 percent.
With broad-basing of its industrial sector, Bangladesh could well be the tiger economy of the future, according to former Indian diplomat Ambassador Sarvajit Chakravarti.
The COVID-19 pandemic hit us at a time when anthropogenic climate change is threatening to destabilise our lives.
Policymakers will find it tough to bring some sort of a balance between targets to ensure economic growth while containing inflation in the next fiscal year, economist Zahid Hussain said yesterday.
The government has set an ambitious economic growth target of 7.5 per cent for the next fiscal year although the country faces new headwinds owing to higher prices of commodities globally and is still recovering from the shocks of the coronavirus pandemic.
After a downturn due to the ongoing Covid-19 pandemic, Bangladesh’s economy has been trying to get back on track and has succeeded in some cases.
Bangladesh’s economy is forecasting to grow faster than all countries in South Asia except Bhutan in the current fiscal year, World Bank says.
On April 4, 2019, the World Bank presented its latest economic forecast that Bangladesh's economy will grow at 7.3 percent in the
In 2018, Bangladesh began its graduation process from least developed country to developing country status. Bangladesh has now
Bangladesh has a fairly young population with 34 percent aged 15 and younger and just five percent aged 65 and older. At present, more than 65 percent of our population is of working age, between 15 and 64.
Three global rating agencies have reaffirmed a stable economic outlook for Bangladesh, mostly for the strong economic growth and improvement in external profile.