The forecast compares with 7.1 percent growth, a record achieved in Bangladesh last fiscal year. In its report ‘Economic and Social Survey of Asia and Pacific’, ESCAP made the estimate citing trade preservation policies of different countries and a relaxed flow of remittance. Economic growth is projected to stand at 6.8 percent at the end of the current fiscal year, the UN agency said in a statement. Bangladesh aims to achieve 7.2 percent economic growth in 2016-17. The survey praised Bangladesh for maintaining steady economy with GDP growth above 6 percent since 2011.

Source: bd News24 May 08, 2017 13:30 UTC