Macroeconomic Forecast Bangladesh

January 2008 | Macroeconomic Forecasts

Official View: The central bank, Bangladesh Bank, expects real GDP growth to slow to around 6.00% in FY07/08 from an estimated 6.51% in FY06/07, owing to high inflation, devastating flood damage in September-October 2007, and political risks. Over the longer term, the government is aiming to raise growth to 7.00% annually. The IMF expects the economy to slow to 5.5% in FY07/08, as the anti-corruption drive slows business activity.

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