Warns factory accidents could moderate pace of RMG export growth The World Bank on Thursday stuck to its projection that the country’s GDP growth would be 5.8 per cent in the outgoing fiscal year despite the Bangladesh Bureau of Statistics’ estimate of 6.03 per cent and the finance minister’s hope of 6.3-6.8 per cent growth. ... Read more
gdp growth
7.2pc GDP target ambitious, say chambers
Different chamber bodies in separate statements have said the target of 7.2 per cent GDP growth for the next financial year is ambitious and judging on previous experience it looks unlikely to be achieved. The success of this huge budget will depend on
GDP growth target set at 7.2pc again despite failure
The finance minister, AMA Muhith, in the proposed budget for the next fiscal year 2013-14 set yet another ambitious target of 7.2 per cent growth of gross domestic product despite failing to achieve the GDP growth targets in the previous two budgets. Muhith, who had set a GDP growth target of 7.2 per cent
Muhith at it again
The finance minister, AMA Muhith, on Thursday once again differed with the Bangladesh Bureau of Statistics estimate on the country’s GDP growth of 6.03 per cent for the current fiscal year saying that the growth would not be less than 6.3 per cent. The minister did the same thing in the previous
Muhith hints at GDP growth target shortfall
Finance minister AMA Muhith on Thursday said the provision for making black money white would continue in the next budget. He also said the expected GDP growth is unlikely to be achieved because of the “anarchic situation” in the country. Muhith claimed that the existing provision for whitening black money
GDP to grow by 5.75pc: UO
Uncoordinated monetary and fiscal policy along with the government’s lack of foresight will cause a nosedive in the GDP growth to 5.75 per cent from the target of 7.2 per cent, said local think-tank Unnayan Onneshan. In its April issue of Bangladesh Economic Update
Political instability to cut GDP growth to 6pc: ESCAP
A United Nations body on Thursday said growth rate of Bangladesh’s gross domestic product would be around 6 per cent in the outgoing fiscal year. The Economic and Social Commission for Asia and the Pacific made the projection while releasing its Economic and Social Survey of Asia
WB’s new estimate shows GDP to grow by only 5.8pc
In another blow to the government projection, the World Bank on Tuesday in a new estimate said that the country’s GDP growth would decline to 5.8 per cent in the current fiscal year. The WB earlier in October projected that Bangladesh’s growth in the current FY 2012-2013 would be around 6 per cent, much below ... Read more
7.2pc growth unlikely to be achieved: CPD
The think-tank says GDP growth may not surpass 6.32pc due to fall in investment, export The Centre for Policy Dialogue on Saturday observed that the government would not be able to achieve its target of 7.2 per cent GDP growth for this fiscal year mainly due to a decreased growth in investment, export and industrial ... Read more
Slow exports to pull down GDP growth to 6pc: ADB
Bangladesh’s economic growth may come down to 6 percent in the current fiscal year due to sluggish exports and a decline in domestic demand, the Asian Development Bank has said. The lender launched its Asian Development Outlook 2012 in Bangladesh and throughout Asia Pacific yesterday. GDP (gross domestic product) rose by 6.3 percent
Bangladesh set for slower growth
UN report sees 6.6pc GDP growth, troubled exports Bangladesh faces a year of slowing growth, partly caused by contraction in exports due to the eurozone crisis, an annual United Nations report warned yesterday. Economic growth may slow slightly to 6.6 percent in 2012 from 6.7 percent last year, the UN’s Economic and Social Commission for ... Read more