GDP
BNP to allocate 5% of GDP each for health and education if elected
"We have made two clear decisions: we will allocate 5 percent of GDP to health and 5 percent to education. This is our commitment," Chowdhury said.
Economy grows by 3.78% in Oct-Dec, slowest in three quarters
The Bangladesh Bureau of Statistics says in quarterly GDP estimate
Bancassurance: a win-win solution for Bangladesh
With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.
Bangladesh’s economic growth to slow to 5.6% in FY24: World Bank
The World Bank has forecasted a slow economic growth for Bangladesh because of factors like inflation
The growing importance of Bangladesh in the Indo-Pacific
In its foreign policy and international relations, the country has always advanced a free and open Indo-Pacific.
Govt’s borrowing goes up amid falling revenue
The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.
High time to reduce demand, tackle inflation head-on
The government should target reducing demand through ensuring market-based interest and exchange rates as well as cutting allocation for infrastructure projects to rein in inflation and protect the foreign currency reserves, said economists yesterday.
Bangladesh’s revenue-GDP ratio way lower than peers
Bangladesh’s revenue-GDP ratio is a third of the median seen in the countries that have the same credit rating, highlighting the country’s weak capacity to finance development and support growth, according to American credit ratings agency Fitch Ratings.
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.
Record growth in tough year
Bangladesh has achieved a record economic growth of 7.28 percent in the last fiscal year despite a fall in rice production and also in industrial growth. The gross domestic product rose by 0.17 percentage points in fiscal 2016-17 from 7.11 percent in the previous fiscal year, according to Bangladesh Bureau of Statistics data.
Delhi fastest growing Asian city in 5yrs: Study
GDP growth forecast for 30 Asian cities predicts Indian cities are set to grow the most across the region, with Delhi being the fastest growing city in Asia over the next five years.
The economic impact of gender based violence
No country can afford gender-based violence. In Bangladesh, the costs of gender-based violence are estimated at 2.1 percent of the country's GDP.
Govt asked to act now to boost private investment
Experts yesterday called on the government to take steps to dispel the uncertainty among investors, fix infrastructure bottlenecks and
Why do some countries trade more than others?
Heoretically, trade liberalisation results in productivity gains through increased competition, efficiency, innovation and acquisition of new technology.
Budget to get 30pc bigger
The size of the upcoming budget may go up by 30 percent from the current fiscal year's revised outlay as the government seeks to fast-track the giant projects and complete one or two in its current tenure. The planned Tk 340,600 crore budget for fiscal 2016-17 would be 17.4 percent of the gross domestic product. In terms of share in the GDP, the planned budget is almost the same as the budget of fiscal 2015-16.
WB doubts 7.05% growth prediction
World Bank expresses doubt about the 7.05 percent provisional estimate for Bangladesh’s GDP growth for 2015-16 fiscal year. The question is whether the official estimate is consistent with other growth-related indicators, says Zahid Hussain, the lender's lead economist.
ESCAP projects 6.8% growth for 2016
In contrary to the government’s growth expectation of beyond 7 percent for 2016, a United Nations body has said it would not exceed 6.8 percent.
GDP or Happiness?
Imagine a world where you earn a decent living, the state treats you with fairness, there is little carbon emission in the environment...
Projected growth to hit 7 percent
According to Bangladesh Bureau of Statistics' (BBS) provisional data, the economy is projected to grow at a rate exceeding 7 percent in the current fiscal.