Bangladesh’s economy has posted a 6.07 percent growth in the first quarter of 2023-24 fiscal year, down from 8.76 percent in the same period a year ago and 6.24 percent in the previous quarter. The Bangladesh Bureau of Statistics published the data on gross domestic product for the July-September period on Thursday – the first quarterly GDP data by the national statistical agency. The national economy, along with the others around the world, took a hit in the 2019-20 fiscal year with only 3.45 percent growth, the lowest in decades, because of the coronavirus pandemic after a record 8.15 percent growth in 2018-19. Bangladesh tackled the crisis and turned around with 6.94 percent growth in 2020-21 and 7.1 percent in 2021-22.

Source: bd News24 February 16, 2024 17:17 UTC