The WB attributed the overall deceleration in the first three quarters of FY25 to a sharp decline in private and public investment
Bangladesh’s economy started showing signs of a turnaround in the second quarter of the fiscal year, official statistics show, although economists caution that Trump’s tariff measures are likely to slow down the momentum.
The finance ministry is likely to project that the country’s gross domestic product (GDP) will surpass the $500-billion mark for the first time in the upcoming fiscal year (FY), anticipating an economic rebound in FY 2025-26.
Bangladesh’s economy grew by 4.22 percent in fiscal 2023-24 fiscal year, the lowest in four years, marking the second consecutive year of deceleration due to weak consumption and exports.
Improve law and order, rebuild trust with international partners
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
Traditional contractionary policies may not be suitable for Bangladesh’s unique economic structure.
Govt must stabilise the economy, restore business confidence
Decision makers need to be very cautious regarding who they put up to dispassionately clear the mess.
World Bank (WB) is ready to help Bangladesh increase growth to double digit and it would provide all kinds of support for this, newly-appointed World Bank country director for Bangladesh and Bhutan says.
Bangladesh recorded the highest economic growth among a list of 26 countries in the last 10 years, according to The Spectator Index.
Finance Minister AHM Mustafa Kamal, in his budget speech, has projected the Gross Domestic Product (GDP) growth rate at 8.2 per cent in the proposed national budget for 2019-20 fiscal.
Indian Prime Minister Narendra Modi once said that growth that is not inclusive is not meaningful but just economic figures. And this proclamation seems to be gradually becoming relevant for Bangladesh.
South Asian Network on Economic Modeling (SANEM), a non-profit research organisation, terms the recent economic growth of Bangladesh as “puzzling”, saying that the GDP growth mismatched with the data and various indicators of the economy.
The Centre for Policy Dialogue (CPD) questions the current year's growth estimate of 8.13 percent citing incoherency in various indicators of the economy.
Prime Minister Sheikh Hasina has rightly stressed the need for research and development in order to maintain Bangladesh's current
Scientists and researchers have responsibilities to find out sustainable ways to maintain Bangladesh's current economic and GDP growth, Prime Minister Sheikh Hasina said yesterday.
On April 4, 2019, the World Bank presented its latest economic forecast that Bangladesh's economy will grow at 7.3 percent in the
Bangladesh economy is going to cross a record 8 percent growth mark in the current fiscal year, powered by high performance in manufacturing and service sectors, the finance minister has claimed.