GDP growth

IMF defends revising down GDP forecast

International Monetary Fund (IMF) has defended revising down its forecast for Bangladesh’s GDP growth in fiscal year 2023-24, saying it was “pretty reasonable” amidst various ongoing challenges, including elevated inflation.

IMF cuts Bangladesh’s economic growth forecast to 6%  

The International Monetary Fund (IMF) has revised down growth forecast for Bangladesh’s economy to 6 percent for the fiscal year 2023-24, lower from its previous projection of 6.5 percent.

ADB raises growth forecast for Bangladesh’s economy to 6% for FY23

The latest forecast by the Manila-based multilateral lender is close to the estimate by the Bangladesh Bureau of Statistics (BBS) at 6.03 percent for the FY23.

Private sector’s foreign loan repayment to drop 42% in 2023

The Bangladesh Bank has projected that loan repayments against mid- and long-term foreign credits secured by the private sector might fall by 42.6 per cent in 2023, but the development might not bring about major relief for an economy reeling under the forex crisis.

Bracing for budget of self-preservation

In 2019, when AHM Mustafa Kamal took charge as the finance minister, the Bangladesh economy was taxing for take-off for its long-haul flight to the developed country club.

What to look for in the FY 23-24 Budget

Amidst the steep rise in commodity prices, and a sky-high aspiration of sustaining GDP growth, what are the major challenges of creating an effective budget for Bangladesh this year? What should we look for from the FY 23-24 budget?

Credit growth slips to 14-month low

Private sector credit growth in Bangladesh dropped to a 14-month low of 11.23 per cent in April owing to weak credit demand amid the current business slowdown, official figures showed.  

Reining in inflation top priority

The government is going to unveil a Tk 7,61,785 crore budget for the next fiscal year on Thursday, setting containment of high inflation as a major target.

Fixing the learning gaps caused by Covid-19

The government has to invest in good education; a meagre two percent of the nation’s GDP is not going to create a "Smart Bangladesh."

October 14, 2023
October 14, 2023

IMF defends revising down GDP forecast

International Monetary Fund (IMF) has defended revising down its forecast for Bangladesh’s GDP growth in fiscal year 2023-24, saying it was “pretty reasonable” amidst various ongoing challenges, including elevated inflation.

October 10, 2023
October 10, 2023

IMF cuts Bangladesh’s economic growth forecast to 6%  

The International Monetary Fund (IMF) has revised down growth forecast for Bangladesh’s economy to 6 percent for the fiscal year 2023-24, lower from its previous projection of 6.5 percent.

July 19, 2023
July 19, 2023

ADB raises growth forecast for Bangladesh’s economy to 6% for FY23

The latest forecast by the Manila-based multilateral lender is close to the estimate by the Bangladesh Bureau of Statistics (BBS) at 6.03 percent for the FY23.

June 8, 2023
June 8, 2023

Private sector’s foreign loan repayment to drop 42% in 2023

The Bangladesh Bank has projected that loan repayments against mid- and long-term foreign credits secured by the private sector might fall by 42.6 per cent in 2023, but the development might not bring about major relief for an economy reeling under the forex crisis.

June 1, 2023
June 1, 2023

Bracing for budget of self-preservation

In 2019, when AHM Mustafa Kamal took charge as the finance minister, the Bangladesh economy was taxing for take-off for its long-haul flight to the developed country club.

May 31, 2023
May 31, 2023

What to look for in the FY 23-24 Budget

Amidst the steep rise in commodity prices, and a sky-high aspiration of sustaining GDP growth, what are the major challenges of creating an effective budget for Bangladesh this year? What should we look for from the FY 23-24 budget?

May 30, 2023
May 30, 2023

Credit growth slips to 14-month low

Private sector credit growth in Bangladesh dropped to a 14-month low of 11.23 per cent in April owing to weak credit demand amid the current business slowdown, official figures showed.  

May 29, 2023
May 29, 2023

Reining in inflation top priority

The government is going to unveil a Tk 7,61,785 crore budget for the next fiscal year on Thursday, setting containment of high inflation as a major target.

May 27, 2023
May 27, 2023

Fixing the learning gaps caused by Covid-19

The government has to invest in good education; a meagre two percent of the nation’s GDP is not going to create a "Smart Bangladesh."

May 22, 2023
May 22, 2023

Public expenditure stays at lower level

Bangladesh’s public expenditure is not growing in keeping pace with the steadily expanding economy as it struggles to raise adequate revenues, thus failing to ensure full implementation of development programmes and provide expected services to its citizens.  

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