Developing Asia’s economic revival is underway, supported by a healthy global recovery and progress on vaccines. The region’s growth is forecast to rebound to 7.3% in 2021, moderating to 5.3% in 2022.
Category: Growth
Bangladesh’s GDP to increase by 3.6 % in 2020-2021
Dhaka, Mar 31: World Bank on Wednesday forecast that Bangladesh’s Gross Domestic Product (GDP) will increase by 3.6% in 2020-2021 fiscal year, due to better than expected remittance inflows.
Bangladesh GDP growth 7.2 percent likely in 2019-20: WB
Dhaka, Oct 10 – The World Bank has forecast over 7.2% Gross Domestic Product (GDP) growth for the current fiscal year (FY2019-20) of Bangladesh, driven by manufacturing and domestic demands, while government’s projection for the same fiscal year in the…
Zero Population Growth vs Population Control
By Marian Starkey Washington, Jul 4 2019 (IPS) – Knowledge is power, but with the caveat that said knowledge is based on fact. Otherwise, it’s misinformation. I appreciate the journalism of IPS. Similarly, I respect and spend much of my…
PM Hasina seeks help for implementing ‘pro-people budget’
Dhaka, June 14 – Terming the budget “pro-people” Prime Minister Sheikh Hasina yesterday said the Tk 5,23,190 crore outlay for FY2019-20 is pretty self-explanatory and there is no scope of confusion. “We prepared the budget for our common people, not…
Growth Investment must increase to achieve target: FICCI
Dhaka, June 14 (UNB) – Foreign Investors’ Chamber of Commerce and Industry’s (FICCI) on Friday said the GDP growth target of 8.2 percent is achievable provided that GDP-investment ratio increase to the expected level of 32 percent. In a post-budget…
Taxation proposals in Bangladesh budget for 2019-20
Income Tax, Value Added Tax and Import-Export Duty NBR officials work relentlessly to achieve the revenue target set by the government every year. NBR tax revenue is basically collected from Income Tax, Value Added Tax (VAT) and Import & Export…
BD garment exports record 12.82pc growth in 11 months
Dhaka, June 10 (UNB)-Bangladesh’s export earnings from Ready-Made Garment (RMG) sector earned $31.73 billion in the first 11 months of the fiscal (July to May), up 12.82 percent from the corresponding period of the last fiscal, when it was $28.12…
BNP shrugs off 8.13pc GDP growth claim as mathematical hype
Dhaka, May 26 – BNP secretary general Mirza Fakhrul Islam Alamgir on Sunday alleged that the government’s assertion o achieving 8.13 percent GDP growth in 2018-19 fiscal year is nothing but a trick of mathematics. “The government used to talk…
Bangladeshis to be richer than Indians by 2030: StanChart Bank
Dhaka, May 13 (UNB) – Projections by Standard Chartered Bank estimate that Bangladeshis will be better off than their neighbouring Indians on a per capita basis by 2030. The 2020s are set to be the Asian decade, with the continent…
BD among world’s top 5 growing economies: WB
Dhaka, Apr 4 (UNB) – Bangladesh is among the top five fastest growing economies in the world, said the World Bank. The report titled ‘The Bangladesh Development Update April 2019: Towards Regulatory Predictability’, published Thursday, said this growth, despite of…
Bangladesh’s GDP growth to hit 8pc in FY19-20: ADB
Dhaka, Apr 3 (UNB) – Bangladesh’s economy will grow at 8 percent in 2019-20 fiscal, according to the Asian Development Outlook 2019 released here on Wednesday. “Bangladesh experienced a strong GDP growth in FY2018-19. The country will continue to achieve…