Economy on path to gradual recovery in Bangladesh

Bangladesh might have already started rebounding from the persisting coronavirus pandemic as the Asian Development Bank said the economy would see a gradual recovery in the first two quarters of the fiscal year

Sep 16, 2020
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Bangladesh might have already started rebounding from the persisting coronavirus pandemic as the Asian Development Bank said the economy would see a gradual recovery in the first two quarters of the fiscal year.

"With the cautious reopening of the economy since May and subdued global economic conditions, recovery is expected to be gradual in the first two quarters of FY2021," the Asian Development Outlook 2020 Update said.

"Then a strong manufacturing base will enable more rapid recovery in tandem with projected strengthening of growth in the advanced economies and import demand from them. As factories gradually accelerate production, growth in exports and imports will revive."


https://www.thedailystar.net/business/news/economy-path-gradual-recovery-1962065