Industry in Bangladesh
Bangladesh - IndustryAn early estimate released by the Statistical Institute showed that the economy grew at an eight-year high of 7.7% in FY 2018. The acceleration was buttressed by strong global trade growth and remittance inflows. In recent weeks, the government secured USD 2.3 billion from various multilateral organizations and countries to modernize the country’s crumbling infrastructure. Infrastructure investment is a key component of government efforts to achieve the 7.8% growth target outlined in the budget for FY 2019, which started on 1 July. Political opponents and economic analysts, however, argue that this growth target is unrealistic without improving tax collection or increasing the fiscal deficit.
Bangladesh - Industry Data
|Industrial Production (annual variation in %)||12.0||8.7||11.8||13.1||15.3|
5 years of economic forecasts for more than 30 economic indicators.
Bangladesh Industry Chart
Source: Bangladesh Bureau of Statistics
|Exchange Rate||84.50||0.14 %||Aug 15|
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