ADB predicts 7.5pc GDP growth

Staff Correspondent: Asian Development Bank (ABD) has projected 7.5 percent GDP growth for Bangladesh in the fiscal 2018-19.

The forecast was disclosed at the ADB outlook-2018 released at its office at Agaorgaon in the city on Wednesday.

Bangladesh export and remittance are likely to remain steady, according to the release.

However, the expansion in import is likely to be slower.

On the supply side, strong industrial growth is likely to continue and contribute to the stable growth.

Bangladesh economy is in good shape and growth momentum is likely to continue, the release said adding that the country has recorded over 7 percent growth rate for the three consecutive years, reaching growth to 8 percent now.

risingbd/Dhaka/Sept 26, 2018/Hasan/Mukul