Economy / Bangladesh
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Macroeconomic Forecast Bangladesh
April 2006 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Bangladesh's pace of economic expansion is likely to slow during the next 12 months, with real GDP growing 5.9% in fiscal-year 2007 (which ends in June 2007), compared with estimated growth of 6.4% in fiscal-year 2006. The Asian Development Bank predicts inflation-adjusted GDP growth of 6.0% in fiscal-year 2007. A slowdown will occur for two main reasons: first, monetary policy will tighten in order to keep a lid on inflation, and second, political uncertainty will heighten thanks to a general election scheduled for January 2007.