Macroeconomic Forecast Bangladesh

January 2006 | Macroeconomic Forecasts

We expect Bangladesh’s economy to slow to 5.1% in fiscal year (FY) 2005 (ending June 2006) from 5.5% in FY04 due largely to the widening trade deficit amid the high cost of energy imports. The high global oil prices will also sustain inflationary pressures, exacerbated by the rising food prices following floods across the country, but moves to tighten monetary policy and a recovery in crop production should ease inflation ahead. The government expected growth of 6.5% in FY05, accelerating to 7% in FY06.

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