GDP growth

IMF cuts Bangladesh's GDP growth forecasts to 6.4%

The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain disruptions.

June 9, 2022
June 9, 2022

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.

April 20, 2022
April 20, 2022

IMF cuts Bangladesh's GDP growth forecasts to 6.4%

The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain disruptions.

June 9, 2021
June 9, 2021

GDP growth would be higher than govt's estimate, not only World Bank's projection: Kamal

Finance Minister AHM Mustafa Kamal today said the GDP growth of the country would be higher than the government's estimate, not only the World Bank's projection.

January 31, 2019
January 31, 2019

BB unveils a cautiously optimistic monetary policy

The central bank yesterday unveiled a cautiously optimistic monetary policy for the second half of the fiscal year, keeping room to provide adequate supply of quality credit to support the growth and inflation targets.

June 21, 2018
June 21, 2018

Bangladesh: From a take-off stage to actual take-off

Budget implementation capacity of Bangladesh has been falling consistently for the last seven fiscal years, exposing poor capacity of government agencies, The Daily Star reported on June 4, 2018. Despite a sustained increase in GDP growth rate for over a decade, the implementing capacity has dropped from 97 percent in 2010-11 to a mere 78 percent in 2016-17, it further adds.

April 27, 2018
April 27, 2018

Why is Bangladesh booming?

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.

April 19, 2018
April 19, 2018

How to benefit more from GDP growth

At a recent press conference, representatives of the World Bank (WB) questioned the 7.65 percent economic growth estimate and the estimate of 7–8 percent growth of domestic demand that the Bangladesh Bureau of Statistics (BBS) came up with for FY17-18. Zahid Hussain, lead economist of the WB's Dhaka office, said there are two causes that could lead to such a spike (growth of employment and labour

April 11, 2018
April 11, 2018

Minister shocked over GDP growth forecast by WB, ADB

Planning Minister AHM Mustafa Kamal is shocked over the downsized projection by the development partners (DP) on the country’s economic growth in the current fiscal year.

April 11, 2018
April 11, 2018

ADB projects 7pc GDP growth for FY18

The Asian Development Bank projects 7 percent economic growth for Bangladesh for the current fiscal year, much below than the government’s provisional estimate of 7.65 percent.

November 17, 2017
November 17, 2017

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.