Economy / Bangladesh
Macroeconomic Forecast Bangladesh
December 2005 | Macroeconomic ForecastsBangladesh’s economy is expected to slow in fiscal year (FY) 2005 (ending June 2006), due to the pressures exerted by higher oil prices, with growth down to 5.1% in FY05, from 5.5% in FY04. Following the removal of textile quotas in 2005, export earnings are forecast to slow, while the cost of energy imports will further widen the trade deficit. The government has set a target of 6.5% growth for FY05, accelerating to 7% in
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