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Published on December 1, 2014
And because of the changes made by this Awami League led government to entrench stability and increase the flexibility and resilience of the economy, it is mentionable that the economy will continue to grow through this year and beyond.
Atiur Rahman, governor of Bangladesh bank, came up with the revelation while highlighting Bangladesh's economic progress at the ADB headquarters in a presentation titled 'Financial Inclusion and Sustainable Development: The Bangladesh Case'.
Over the last five years, Bangladesh maintained its 'economic stability' and had been achieving a GDP of over 6 percent over the past several years.
He even hoped the growth would top 6.5 percent this year pointing out that most economic indices were positive.
Bangladesh now boasted foreign exchange reserves worth $22 billion, up from mere $7.4 billion five years ago. Remittance inflow increased to $14.23 billion while the export income doubled to $30.18 billion, he added.
The central bank governor noted that the inflation was cooling gradually. It was 6.6 percent in October on a point-to-point basis.
He said the inflation would come down to 6.5 percent in the current fiscal, as announced in the monetary policy, if the political stability continued at home and market situation around the world remained stable.
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