WB sees 6.8pc growth for 2017

Dhaka,  Sun,  25 June 2017
Published : 14 May 2017, 11:46:18 | Updated : 14 May 2017, 12:14:45
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Bangladesh economy will grow 6.8 per cent in 2017, says World Bank

WB sees 6.8pc growth for 2017
FE Online Report
The World Bank has forecast Bangladesh gross domestic product (GDP) will grow 6.8 per cent in the fiscal year 2016-17. 

In its Bangladesh Development Update on Sunday, the global lender said, “Declining export growth and fall in remittance have ended the resilience of Bangladesh’s growth prospect.” 

Such calculation comes in contrast with 7.2 per cent GDP the government projected for the same financial year.

The growth the World Bank shows for the South Asian country in its development update is a slight fall from 7.1 per cent in last year.

Bangladesh has weathered global uncertainties well aided by strengthening investment and a recovery of exports. 

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