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.
Per capita income rises to $1466
The per capita income in Bangladesh will increase by 11.39 percent to $1,466 this fiscal year, according to the Bangladesh Bureau of
7pc growth first time in 9 years
Bangladesh's gross domestic product (GDP) growth would exceed the 7 percent mark in the current fiscal year, according to provisional
Growth over 7%, per capita income $1,466 by this year
Bangladesh will break away from the six percent growth “trap” by achieving 7.05 percent growth in this fiscal year, according to a top government body. Per capita income will rise by $150 and stand at $1,466, ministers discuss.
ADB forecasts 6.7% growth for 2015-16
Banlgadesh’s growth for this fiscal will improve marginaly and stand at 6.7 percent driven by apparel export and domestic consumption, Asian Development Bank forecasts.
PM seeks engineers’ help in attaining 7% GDP growth
Prime Minister Sheikh Hasina seeks all-out cooperation from engineers in attaining seven percent GDP growth this fiscal year saying that the key to development is in the hands of engineers.
IMF downgrades global forecast
The International Monetary Fund downgrades its forecast for global economic growth, expecting economic activity to increase 3.4% this year followed by 3.6% in 2017.
China economic growth slowest in 25 years
China's economy grows by 6.9% in 2015, compared with 7.3% a year earlier, marking its slowest growth in a quarter of a century.
Why is Bangladesh different?
If we can further liberalise our trade by reducing tariffs and non-tariff barriers and by removing age-old regulations, our growth will exceed even 7 percent.
Japan relapses into recession in July-Sept, blow to Abenomics
Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment.
France's fragile economy under siege after Paris attacks
France's fragile economic recovery is under threat after the Paris attacks, economists say, with tourism and consumer spending likely to come under siege.