Bangladesh economy shows early signs of recovery: ADB

Bangladesh's gross domestic product (GDP) is expected to grow by 6.8 percent in fiscal year (FY) 2021, according to the latest Asian Development Bank (ADB) report 'Asian Development Outlook (ADO) 2020 Update' released today

Sep 15, 2020
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Bangladesh's gross domestic product (GDP) is expected to grow by 6.8 percent in fiscal year (FY) 2021, according to the latest Asian Development Bank (ADB) report 'Asian Development Outlook (ADO) 2020 Update' released today.

The growth reflects gradual recovery, supported by a strong manufacturing base and strengthening of growth in export destinations, the report says.

Inflation is expected to moderate to 5.5 percent and current account deficit to narrow to 1.1 percent of GDP in FY2021.

https://www.thedailystar.net/business/news/bangladesh-economy-shows-early-signs-recovery-adb-1961605