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Dhaka     Friday   09 December 2022

ADB predicts 6.6pc GDP growth

News Desk || risingbd.com

Published: 12:13, 21 September 2022   Update: 13:43, 21 September 2022
ADB predicts 6.6pc GDP growth

Asian Development Bank (ABD) has projected 6.6 percent GDP growth for Bangladesh in the fiscal 2022-23.

The forecast was disclosed at the ADB outlook released at its office at Agaorgaon in the city on Wednesday (September 21).

Bangladesh export and remittance are likely to remain weak as a result GDP growth will decrease.  The inflation will remain 6.7 per cent.

The main risk to this growth projection is a slowdown in exports caused by global uncertainty over the prolonged war in Ukraine, it added.

In April of this year, the ADB projected 7.1% growth for Bangladesh in the current year.

"The government is navigating the prolonged external economic uncertainties relatively well and has implemented appropriate policies to reduce the external imbalance", said Country Director Edimon Ginting.

Hasibul/Mukul