Bangladesh in top 5 fastest growing economies in 2019: World Bank
Skip to main content
E-paper বাংলা
T
TODAY’S NEWS
Latifur Rahman: A legacy of integrity Nupur Sharma should apologise to nation for Prophet remarks: India's Supreme Court 3 more Bangladeshi hajj pilgrims die in Saudi Arabia Faraaz’s message to the world Floods in Lalmonirhat, Kurigram: Crops worth Tk 134cr damaged Current situation in India "a cause for fear", Amartya Sen says New Zealand declares US far-right group Proud Boys "terrorist organization" 2 killed in separate road accidents in Dhaka Tigers fine after distressing experience in the Atlantic Nearly 18 dead in Russian missile attack on residential buildings in Ukraine 6 years of Holey Artisan café attack: Neo JMB on the wane, some groups active online Tribute by Mahfuz Anam: A fighter for independent journalism Sale of advance train tickets for Eid-ul-Azha begins "We're not Hindu": Tribal communities from 5 Indian states want religion recognised GP says SIM ban unexpected
The Daily Star
Journalism Without Fear or Favour
Friday, July 1, 2022
  • E-paper
  • বাংলা
TODAY’S NEWS
Latifur Rahman: A legacy of integrity Nupur Sharma should apologise to nation for Prophet remarks: India's Supreme Court 3 more Bangladeshi hajj pilgrims die in Saudi Arabia Faraaz’s message to the world Floods in Lalmonirhat, Kurigram: Crops worth Tk 134cr damaged Current situation in India "a cause for fear", Amartya Sen says New Zealand declares US far-right group Proud Boys "terrorist organization" 2 killed in separate road accidents in Dhaka Tigers fine after distressing experience in the Atlantic Nearly 18 dead in Russian missile attack on residential buildings in Ukraine 6 years of Holey Artisan café attack: Neo JMB on the wane, some groups active online Tribute by Mahfuz Anam: A fighter for independent journalism Sale of advance train tickets for Eid-ul-Azha begins "We're not Hindu": Tribal communities from 5 Indian states want religion recognised GP says SIM ban unexpected
The Daily Star
Friday, July 1, 2022 | Journalism Without Fear or Favour
  • Home
  • News
    • Bangladesh
    • Asia
    • World
  • Views
    • Editorial
    • Opinion
    • Letters to the Editor
  • Health
    • Diseases
    • Healthcare
    • Food
  • Coronavirus
  • Sports
    • Cricket
    • Football
    • More Sports
  • Business
    • Economy
    • Global Economy
    • Organisation News
  • Entertainment
    • TV & Film
    • Music
    • Theatre & Arts
  • Culture
    • Art & Design
    • Books
  • Life & Living
    • Fashion & Beauty
    • Food & Recipes
    • Health & Fitness
  • Youth
    • Education
    • Careers
    • Young Icons
  • Tech & Startup
    • Science, Gadgets, and Tech
    • Startups
    • Automobiles
  • Feature
    • Lifestyle
    • Arts & Entertainment
    • Showbiz
    • Star Health
    • Satireday
    • Shout
    • Toggle
    • Star Literature
    • In Focus
    • Star Youth
    • Law & Our Rights
    • Daily Star Books
    • Roundtables
    • Supplements
  • Environment
    • Climate crisis
    • Natural resources
    • Pollution
  • NRB
বাংলা T
  • Home
  • News
    • Bangladesh
    • Asia
    • World
  • Views
    • Editorial
    • Opinion
    • Letters to the Editor
  • Health
    • Diseases
    • Healthcare
    • Food
  • Coronavirus
  • Sports
    • Cricket
    • Football
    • More Sports
  • Business
    • Economy
    • Global Economy
    • Organisation News
  • Entertainment
    • TV & Film
    • Music
    • Theatre & Arts
  • Culture
    • Art & Design
    • Books
  • Life & Living
    • Fashion & Beauty
    • Food & Recipes
    • Health & Fitness
  • Youth
    • Education
    • Careers
    • Young Icons
  • Tech & Startup
    • Science, Gadgets, and Tech
    • Startups
    • Automobiles
  • Feature
    • Lifestyle
    • Arts & Entertainment
    • Showbiz
    • Star Health
    • Satireday
    • Shout
    • Toggle
    • Star Literature
    • In Focus
    • Star Youth
    • Law & Our Rights
    • Daily Star Books
    • Roundtables
    • Supplements
  • Environment
    • Climate crisis
    • Natural resources
    • Pollution
  • NRB

  • About Us
  • Contact Us
  • SMS Subscription
  • Apps
  • Comment Policy
  • RSS
  • Sitemap
  • Advertisement
  • Newsletter
  • Privacy Policy
  • Conference Hall
  • Archives
World

Bangladesh in top 5 growing economy: WB

Star Online Report
Thu Apr 4, 2019 11:24 AM Last update on: Thu Apr 4, 2019 08:38 PM
Bangladesh is among the 5 fastest economies in the world
Bangladesh is among the five fastest economies in the world according to a World Bank report. In this photo, Bangladeshi farmers harvest rice in a field in Manikganj on the outskirts of Dhaka on August 27, 2018. Photo: AFP

Bangladesh is among the five fastest growing economies in the world, World Bank has said.

It is fifth in the rank of growing economies after Ethiopia, Rwanda, Bhutan, and India respectively. Bangladesh shares the position with Djibouti, Ivory Coast and Ghana.

For all latest news, follow The Daily Star's Google News channel.

The outlook was reflected in a new World Bank report titled ‘The Bangladesh Development Update April 2019: Towards Regulatory Predictability’, published this morning.

This growth, despite of insufficient private sector investment, has been attributed to stable macro and export-oriented industry-led growth, it said in the report.

It said the growth was caused by manufacturing, construction and a bumper crop harvest, coupled with private consumption, remittance and rural income growth.

The report added, regulatory predictability will drive the growth further up.

As a downside, the World Bank highlighted that private sector investment remains weak in Bangladesh with US $910 million flowing in in the first half of fiscal 2019.

For Bangladesh to be an attractive destination for industries, it is critical to make resources such as land, electricity and gas available, the report said.

 

Related topic
The World Bank (WB) / Fastest Growing Economy in 2019
Apple Google
Click to comment

Comments

Comments Policy

Related News

Country

Accessing safe water: World Bank approves $200m for Bangladesh

World Bank want to supports for Rohingya Refugees
Southeast Asia

WB chief wants supports for Rohingyas to come as grants: Muhith

Rohingya refugees
Southeast Asia

WB approves $165m grant to help Rohingyas in Cox's Bazar

Country

WB to help Bangladesh improve climate-smart growth: Georgieva

Business

Bangladesh ahead in South Asia in GDP growth in FY2019-20: WB

The Daily Star  | বাংলা
২০ মিনিট আগে|স্টার মাল্টিমিডিয়া

ফারাজ: বন্ধুত্ব, সাহসিকতা ও দায়িত্ববোধের এক অমর দৃষ্টান্ত

হোলি আর্টিজান বেকারিতে নৃশংস জঙ্গি হামলার আজ ষষ্ঠ বছর। ফারাজ আইয়াজ হোসেনসহ এ হামলায় নিহত সকলের প্রতি শ্রদ্ধা।

১২ মিনিট আগে|ই-কমার্স

পাসওয়ার্ড ‘ভুলে গেছেন’ রাসেল, আটকা ইভ্যালির গ্রাহকের অর্থ

The Daily Star
Follow Us
  • About Us
  • Contact Us
  • SMS Subscription
  • Apps
  • Comment Policy
  • RSS
  • Sitemap
  • Advertisement
  • Newsletter
  • Privacy Policy
  • Conference Hall
  • Archives
© 2022 thedailystar.net | Powered by: RSI LAB
Copyright: Any unauthorized use or reproduction of The Daily Star content for commercial purposes is strictly prohibited and constitutes copyright infringement liable to legal action.