Macroeconomic Forecast Bangladesh

March 2008 | Macroeconomic Forecasts

BMI View: Our growth forecast of 6.00% in FY07/08 (July-June) is subject to downside risks, owing to high inflation (which reached a 17-year high of 11.6% in December) and fuel prices, political uncertainty ahead of the 2008 elections, and the devastation caused by Cyclone Sidra. We are also concerned by a 21.0 y-o-y decline in development spending in July-December 2007, which reflected the natural disasters and a lack of timely disbursement.

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