The interim government of Bangladesh will likely revise the country’s projection of gross domestic product (GDP) growth to 5.25 percent from 6.75 percent for the current fiscal year of 2024-25..This issue was discussed at a fiscal coordination council meeting chaired by Finance Adviser Sal
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
The Asian Development Bank (ADB) is expected to provide $20.8 billion in loans to Bangladesh in the next four years as the country looks to accelerate economic growth and attain the upper-middle-income status in less than a decade.
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.
Bangladesh’s economy is experiencing stress because of the pressure on the foreign exchange reserves, but the situation is not as alarming as many think, said top brass in the financial sector yesterday.
Prime Minister Sheikh Hasina today (August 22, 2022) asked government officials to serve people to the best of their abilities.
Prime Minister Sheikh Hasina today (July 27, 2022) proposed establishment of a D-8 Economic Zone in Bangladesh for investment by the member countries – aimed at accelerating collective economic growth.
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
