'Bangladesh economy is in good shape'

Finance Minister AHM Mustafa Kamal on Wednesday reiterated that the economy of Bangladesh was in good shape as it was getting increasingly dynamic and stronger day by day, and there was no mismatch or distortion in the economy

Jan 07, 2021
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Finance Minister AHM Mustafa Kamal on Wednesday reiterated that the economy of Bangladesh was in good shape as it was getting increasingly dynamic and stronger day by day, and there was no mismatch or distortion in the economy.
 
“We are immune, our debt-to-GDP ratio is lower, and we never fail in debt servicing. Our fiscal and monetary policy is aligned to the national budget and the five-year plan. There is no distortion or mismatch. So I think we are in good shape. We are fully aware about the demands of our people, and we are working for their satisfaction,” he said.

The finance minister made the remark against the backdrop of the World Bank forecast that Bangladesh’s GDP growth would be 1.6% in the 2020-21 fiscal year while the government set it at 7.4% in the national budget.

https://www.dhakatribune.com/bangladesh/2021/01/06/kamal-bangladesh-economy-is-in-good-shape

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