GDP of Bangladesh is expected to grow 6.3 percent in 2024 whereas India’s expected growth is 6.4 percent
The country’s first metro rail, once launched, will save around Tk 3,500 crore annually in terms of travel time and vehicle operation costs, metro rail authorities said.
While official data portrays the burgeoning growth of Bangladesh’s economy, tax collection relative to the gross domestic product (GDP), a measure of the size of the economy, shows an almost opposite trend.
The Bangladesh economy is forecast to achieve the second highest growth rate this fiscal year in South Asia, the World Bank said in its biennial regional economic update yesterday.
Bangladesh’s economy is forecasting to grow faster than all countries in South Asia except Bhutan in the current fiscal year, World Bank says.
Finance Minister AHM Mustafa Kamal has said Bangladesh will achieve a double-digit growth within the next five years.
The Asian Development Bank projects 8 percent GDP growth for Bangladesh for the current fiscal year. The multilateral lender said if Bangladesh can achieve the growth rate, it will be the highest in Asia.
We know from growth accounting that GDP growth can be broken into growth in the labour force and growth in labour productivity.
Bangladesh’s economy will grow at 8 per cent in the fiscal 2019, Asian Development Bank has said in its bright outlook for the economy.
People are failing to reap the benefits of the economic growth Bangladesh has been achieving for over a decade due to lack of good governance, weakness in the regulatory bodies and structural flaws in political parties, analysts said yesterday.
World Bank has projected a seven per cent growth rate for Bangladesh in the fiscal 2018-19. The report ‘Bangladesh Development Update: Powering the Economic Efficiency’ said Bangladesh’s economy is still one of the fastest growing economies in the developing world.
Rising global oil price, local currency depreciation and a hike in energy prices may push inflation up in Bangladesh, said the Asian Development Bank yesterday.
Overall investment crossed 31 percent of GDP for the first time in Bangladesh's history last fiscal year thanks to a spike in public spending on mega infrastructure projects now being implemented.
Bangladesh's economy grew 7.86 percent last fiscal year riding on the agriculture sector, especially an increase in rice production, as
The Bangladesh economy is charging towards record growth figure for the second consecutive year, driven by double-digit growth in manufacturing and construction sectors.
Bangladesh government is expecting to make a huge leap in growth during the running 2017-18 fiscal - a year that has also seen Bangladesh achieving its eligibility to graduate out of the LDC club.