Bangladesh’s economy bounced back by posting significantly higher growth in the third quarter of fiscal year 2023-24 compared to the same quarter in the previous year, underlining good progress in the production of industrial goods and agricultural commodities.
The growth rate hovered around 2.3% in the same period of FY23
Bangladesh economy to grow 5.7% in FY24, the lender says
Bangladesh’s economy grew at 6.07 percent in July-September of the current fiscal year, the first time the government has published the quarterly growth figure of gross domestic product (GDP).
The BB said Bangladesh's economic outlook remains positive despite the ongoing challenges
Bangladesh is poised to become one of the fastest growing economies in Asia, according to a WB report
The Asian Development Bank (ADB) today said Bangladesh's gross domestic product (GDP) is expected to grow by 5.3 per cent in the ongoing fiscal year, down from the 6.6 per cent it projected earlier.
Regulators must be willing to adopt a vision for Bangladesh that is more technology and productivity based.
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
Despite significant progress, the country ranks 168th in the Ease of Doing Business Index out of 190 countries.