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GDP growth to be 7.4pc this FY, says PM

Photo: bdnews24

Prime Minister Sheikh Hasina while addressing to the nation recently said, country’s GDP grew by 5.24 per cent in the last fiscal year. According to government’s estimate, the GDP growth will be 7.4 per cent this fiscal year.

In June, Finance Minister AHM Mustafa Kamal aimed an 8.2 per cent economic growth in 2020-21, report the Daily Star.

“According to the projections of different international agencies, Bangladesh’s position will be at the top among the Asian countries in terms of GDP growth rate,” the prime minister said. 

Bangladesh is said to have posted the third-highest GDP growth in the world in 2020, according to the International Monetary Fund.

Sheikh Hasina informed that the country’s per capita income reached $2,064 in 2020.

Bangladesh, after the Awami League government assumed office in 2009, was established as a self-dignified country in the world in the last 12 years, said she adding that the country achieved outstanding success in the social, economic and infrastructure sectors.

The Economist has ranked Bangladesh ninth among 66 emerging economies, she said.

Bangladesh will be the 24th largest economy by 2030 as per the World Economic Forum forecast, she said. 

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