Bangladesh’s GDP growth is expected to be 6.8 percent

The Asian Development Bank (ADB) has predicted that the growth rate of gross domestic product (GDP) will also accelerate as exports to Bangladesh, which is ahead of many South Asian countries in tackling the global epidemic, increase.

According to the ADB’s Asian Development Report released on Wednesday, Bangladesh could achieve 6.8 percent GDP growth in FY 2021 due to the benefits of government incentives as well as improved global trade and global economic conditions.

The ADB has projected that GDP growth could increase to 7.2 percent in the next fiscal year if the pace of exports and imports of Bangladesh increases along with the sustainable recovery of the world economy.

Sunbd/NJ