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Monday, May 28, 2012

Stagnant GDP growth

During the last few years (nearly a decade), the GDP growth of Bangladesh has been centered around 6.0%. Though on several occasions, the government tried to touch or cross 7.0% growth target, it failed to achieve due mostly to perennial gas and power crises, poor infrastructure and political instability. Despite an estimated 6.3% GDP growth in the current fiscal year, the government set a target of 7.2% growth for FY13, though economists are skeptical about such target.

Link for an article on the issue.

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