DHAKA, June 1, 2023 (BSS) - The government is targeting to attain a grossdomestic product (GDP) growth rate of 7.5 percent in the next fiscal year(FY24) since the country is expected to return to the higher growthtrajectory. "On the whole, we expect to return to higher growth trajectory and achieve a7.5 percent GDP growth in the coming fiscal year, by way of investing in theproductive sectors and stimulating productivity and domestic demand," saidFinance Minister AHM Mustafa Kamal. Kamal said this while placing the proposed budget for FY24 at Jatiya Sangsadtoday. This will makeeasier monitoring the dynamics of the components of GDP growth and makecoordinated policies accordingly. Also, goodyields are expected in the agriculture sector towards the end of the fiscalyear," he added.

Source: Bangladesh Sangbad Sangstha June 01, 2023 11:29 UTC