ADB projects 3.9 per cent GDP growth for Bangladesh in FY2024-25
The Asian Development Bank has projected that Bangladesh鈥檚 economic growth would slow to 3.9 per cent in the 2024-25 financial year, down from 4.2 per cent in FY24...
Tags : GDP
GDP bounces back, inflation unchanged
The overall rate of inflation remained almost unchanged as it persisted over 9 per cent in March, while the gross domestic product growth bounced back in the second quarter of the current financial year of 2024鈥�25...
GDP growth drops to 4.2pc in FY24
The country鈥檚 gross domestic product growth for the 2023-2024 financial year was 4.22 per cent, according to the Bangladesh Bureau of Statistics鈥� update released on Monday...
Bangladesh's GDP growth rate revised down at 5.2pc in FY25聽聽聽
A meeting of the coordination council on macro-economy and resource management on Monday decided to revise down the growth rate of gross domestic product at 5.2 per cent from earlier 6.8 per cent in the current financial year.
FY25 GDP growth likely to be 5pc聽聽
The interim government is likely to revise down the growth in gross domestic products at 5 per cent in the current financial year ending in the next June, said officials.聽聽聽
Starmer鈥檚 economic, foreign policy
IN THE first four months of his stint as UK prime minister, Keir Starmer has shown mixed results. His early tenure has already been tested by the August riots, a stark and unsettling episode triggered by the tragic murder of three young girls in Southport. The unrest has exposed underlying tensions 鈥� economic fragility, social divides, and the brittleness...
German GDP downgraded in new blow for struggling economy
German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe鈥檚 top聽economy聽as it battles multiple headwinds.
Data tweak plagues BBS credibility
In July 2017, then planning minister Mustafa Kamal introduced the quarterly release of inflation data replacing the traditional and the best international practice of monthly update.
NBR chairman for boosting tax-to-GDP ratio
National Board of Revenue chairman Md Abdur Rahman Khan on Sunday underscored the importance of increasing Bangladesh鈥檚 tax-to-GDP ratio, which he described as critically low compared to neighbouring countries....
Finance ministry dismisses GDP correction
The finance ministry on Tuesday dismissed the reported apprehension about reduction of gross domestic product and per capita income following correction of the export earnings in the just concluded FY24...
Q3 GDP growth聽6.1pc
The country鈥檚 growth in gross domestic product in the third quarter of the concluding FY24 stood at 6.12 per cent.
Will the budget attain targeted goals?
THE finance minister, Abul Hassan Mahmood Ali, placed the budget for the 2024鈥�2025 financial year in parliament on June 6. This is his first budget as finance minister and the first for the incumbent government...
Govt targets inflation 6.5pc, economists doubt
The government has set a target to limit inflation within 6.5 per cent in the financial year 2024鈥�25, although prices of food and non-food items keep rising over...
GDP grows by 5.8pc in FY24聽amid economists鈥� doubt
The country鈥檚 gross domestic product grew by 5.82 per cent in the outgoing financial year, despite slower growth in the agriculture and...
Accelerated climate actions for V20 countries
A RECENT study has warned that rapid and forceful climate change is affecting the economy, GDP growth, livelihoods of common people and human health, with growing gender inequity in developing countries, particularly among the...
Authorities have issues to address to raise tax-to-GDP ratio
The government鈥檚 performance is tellingly poor when it comes to the tax-to-GDP ratio. The ratio has remained static at about 8 per cent, one of the lowest even in South Asia, for the past decade as proposals and initiatives for augmenting...
Taxation system needs reform to raise tax-GDP ratio: experts
Economists and professionals at a roundtable discussion on Sunday said that Bangladesh needed to increase its tax-GDP ratio, which was currently very low compared with that of neighbouring countries...
India鈥檚 poor will not be wished away
The late, sharp-witted economist Michael Mussa, my first boss at the International Monetary Fund, once told me that every statistic must pass the 鈥榮mell test.鈥� I recalled this sage advice recently when Indian authorities published the first driblets of a consumption survey...
IMF downgrades Bangladesh鈥檚 GDP growth projection
The International Monetary Fund again has revised downward the growth forecast of Bangladesh鈥檚 economy to 5.7 per cent for the current fiscal year of 2023-24....
GDP growth slows
The country鈥檚 growth in gross domestic product during the second quarter of the current financial year grew at a slower pace than in the past two...