Bangladesh has emerged as the fastest growing economy among the 45 countries of the Asia-Pacific region according to Asian Development Bank (ADB).
In the financial year 2018-19 Bangladesh attained growth rate of 7.9 % which is its fastest rate since 1974. The bank predicted that the growth will be 8% in the next financial year.
The ADB country director handed over the report to the Prime Minister of Bangladesh Sheikh Hasina last evening.
The bank said that higher public sector investment, stronger consumption demand, revival in exports, improved power supply and higher growth in private sector credit were the key factors of the high growth performance of Bangladesh.
In the financial year 2018-19 Bangladesh attained growth rate of 7.9 % which is its fastest rate since 1974. The bank predicted that the growth will be 8% in the next financial year.
The ADB country director handed over the report to the Prime Minister of Bangladesh Sheikh Hasina last evening.
The bank said that higher public sector investment, stronger consumption demand, revival in exports, improved power supply and higher growth in private sector credit were the key factors of the high growth performance of Bangladesh.
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