The tax collection growth fell further in April, making it tougher for the National Board of Revenue (NBR) to attain its goal of raising Tk 370,000 crore in the current fiscal year.
Bangladesh Bank yesterday substantially relaxed the policy for rescheduling defaulted loans, allowing defaulters to repay term loans over a maximum period of eight years whereas it was previously two years.
Annual GDP refers to the financial value of all the products and services produced in a country in a given year. This means as a country’s financial transactions increase, so does GDP.
Bangladesh’s gross domestic product (GDP) grew 6.94 per cent in the fiscal year 2021.
The World Bank in a report has estimated that Bangladesh will do better than its South Asian neighbours in GDP growth for the fiscal year 2019-20.
Bangladesh’s GDP is expected to grow by 4.5 percent in FY2020 and 7.5 percent in FY2021, the Asian Development Bank (ADB) has said in a report of Asian Development Outlook (ADO) 2020 Supplement.
Prime Minister Sheikh Hasina says the common people are now getting the benefits of her government's development programmes as it has been able to lower the inflation rate with sustainable GDP growth.
Bangladesh has become one of Asia's most remarkable and unexpected success stories in recent years. Once one of the poorest regions of Pakistan, Bangladesh remained an economic basket case—wracked by poverty and famine—for many years after independence in 1971. In fact, by 2006, conditions seemed so hopeless that when Bangladesh registered faster growth than Pakistan, it was dismissed as a fluke.
The tax collection growth fell further in April, making it tougher for the National Board of Revenue (NBR) to attain its goal of raising Tk 370,000 crore in the current fiscal year.
Bangladesh Bank yesterday substantially relaxed the policy for rescheduling defaulted loans, allowing defaulters to repay term loans over a maximum period of eight years whereas it was previously two years.
Annual GDP refers to the financial value of all the products and services produced in a country in a given year. This means as a country’s financial transactions increase, so does GDP.
Bangladesh’s gross domestic product (GDP) grew 6.94 per cent in the fiscal year 2021.
The World Bank in a report has estimated that Bangladesh will do better than its South Asian neighbours in GDP growth for the fiscal year 2019-20.
Bangladesh’s GDP is expected to grow by 4.5 percent in FY2020 and 7.5 percent in FY2021, the Asian Development Bank (ADB) has said in a report of Asian Development Outlook (ADO) 2020 Supplement.
Prime Minister Sheikh Hasina says the common people are now getting the benefits of her government's development programmes as it has been able to lower the inflation rate with sustainable GDP growth.
Bangladesh has become one of Asia's most remarkable and unexpected success stories in recent years. Once one of the poorest regions of Pakistan, Bangladesh remained an economic basket case—wracked by poverty and famine—for many years after independence in 1971. In fact, by 2006, conditions seemed so hopeless that when Bangladesh registered faster growth than Pakistan, it was dismissed as a fluke.
