Macroeconomic Forecast BangladeshJanuary 2010 | Macroeconomic Forecasts
We maintain our 5.5% real GDP growth forecast for FY2009/10 (July-June) as the export-focused manufacturing sector loses steam and agricultural growth is depressed by a high base. Growth should accelerate to 6.5% in FY2010/11, but an increased pace of reform will be needed to raise growth rates over the medium-to-long term. The government projected a GDP growth target for FY2009/10 of 5.5-6.0% percent in the budget presented on June 11, but Finance Minister AMA Muhith said on August 29 that this target may be raised.
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