gross domestic product
Remittance outflow crosses $100m -- thru legal channel
Outward remittances from Bangladesh through legal channels crossed the $100-million mark for the first time in 2021 as more foreigners are working in the fast-growing economy, data from a global organisation showed.
GDP growth target set at 7.5%
The Bangladesh government has set a target of 7.5 per cent growth of the country’s gross domestic product (GDP) in the upcoming fiscal year of 2022-23 beginning from July.
Bangladesh, India, Pakistan could lose 10-18% GDP output due to climate change
Bangladesh, India, Pakistan and Sri Lanka’s exposure to wildfires, floods, major storms and also water shortages mean South Asia has 10-18% of GDP at risk – roughly triple that of North America and 10 times more than the least-affected region, Europe.
Big dream, grim reality
Finance Minister AMA Muhith has really dreamt of a big budget in every respect -- from expenditure to revenue generation. And he no longer wants to live in the 6 percent GDP class to push beyond 7 percent. But his big dream promises to put extra pressure on people across the board, as he plans through his VAT and other tax proposals to extract that extra penny from every pocket.
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.
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.
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
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
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.
WB lauds Bangladesh’s women empowerment
World Bank chief hails empowerment of women in Bangladesh, recognising the country as a model in women’s progress in the world. Women participation in the country's workforce has the potential of adding 1.8% to GDP over the next decade, he says.
Japan's growth revised sharply higher
Growth in the Japanese economy in the first quarter revised sharply higher, official government data shows.
Political unrest causes 0.55pc GDP loss: CPD
Political unrest during January to mid March of the current year has caused for a gross domestic product (GDP) loss of 0.55 percent or Tk 4,900 crore, Centre for Policy Dialogue (CPD).