Bangladesh’s GDP to grow at 5.8pc this fiscal year: ADB

30th Apr, 2021

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The Asian Development Bank (ADB)

The Asian Development Bank (ADB) has forecasted that Bangladesh gross domestic product (GDP) would grow at highest 5.8 per cent this fiscal year. "The economy was showing signs of recovery with higher remittances, exports and other indicators. But the recent surge in pandemic and the lockdowns are likely to trim our GDP growth projection of 6.8 per cent for fiscal year 2020-2021 by at least one percentage point," said ADB Country Director Manmohan Parkash.

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