The Boston Consulting Group (BCG) has said that Bangladesh is on course to become a $1 trillion economy by 2040, driven by consumer optimism, innovation in emerging economic sectors and a young engaged workforce. With average annual growth of 6.4% between 2016 and 2021, the South Asian nation has outpaced peers such as India, Indonesia, Vietnam...
Bangladesh’s economy has begun to overcome the hurdles of the COVID-19 pandemic and has, once again, reached 7 percent GDP growth. “Real GDP growth has hit 7.25 percent in the ongoing 2021-22 fiscal year, according to a provisional estimate,” said Planning Minister MA Mannan. “The provisional GDP rate was calculated in ...
Hiren Pandit: Bangladesh's economy has reached many promising milestones. The country is moving forward by overcoming various obstacles. The government has undertaken several mega projects. Work on the Padma Multipurpose Bridge is nearing completion. The bridge will be opened to traffic in June. This will revolutionize the communication sys...
The gross domestic product (GDP) growth rate of Bangladesh reached 6.94% in fiscal year 2020-2021 while the per capita income increased to $2,591, according to the final report of Bangladesh Bureau of Statistics (BBS). The information was disclosed at the meeting of the Executive Committee of the National Economic Council (ECNEC) on Tuesday. "...
Hiren Pandit: Prime Minister Sheikh Hasina mentioned recently in a meeting that "We have to move forward with our economic activities, maintaining health protocols. Hopefully, we will establish a hunger, poverty, illiteracy-free, and secular Golden Bengalas dreamt by Father of the Nation Bangabandhu Sheikh Mujibur Rahman. She has praised Ba...
Dr Ashikur Rahman: For nearly five decades, any discourse on South Asia was almost always focused on the bitter animosity between the two nuclear giants India and Pakistan, where the former was viewed as a large mystical country trying to establish its position in the global political and economic order -- and Pakistan as a strategically import...
Dr. Atiur Rahman: The recently-released "World Economic Outlook" by the International Monetary Fund (IMF) – predicting Bangladesh to be the fastest growing economy in South Asia with a likely GDP growth rate of 4% against a nearly 10.5% contraction of India's economy – has been the talk of the town in recent days. Moreover, Banglad...
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