'Worst is over for Bangladesh economy'

Bangladesh might be one of only two ASEAN and South Asian economies to register positive growth in 2020 despite a global recession that is shaping up to be historic in scale, according to Standard Chartered Bank's research team

Aug 13, 2020
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Bangladesh might be one of only two ASEAN and South Asian economies to register positive growth in 2020 despite a global recession that is shaping up to be historic in scale, according to Standard Chartered Bank's research team.

"The worst has passed us," said Saurav Anand, an economist of Standard Chartered for South Asia.

The economy faced challenges between April and June,

Now, there are early signs of recovery in some pockets after the economy started opening up from June, he said at a webinar styled 'Standard Chartered Global Research Briefing Media Engagement Session' yesterday.

"Recent economic data have shown a good amount of improvement," Anand added.

Edward Lee, the chief economist for Asean and South Asia at Standard Chartered, echoed the same.

https://www.thedailystar.net/business/news/the-storm-over-bangladesh-economy-has-blown-over-1944237