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Bangladesh finance minister hopeful of 7.2% GDP growth in FY22

23 Dec '21
1 min read
Pic: Designer491 | Dreamstime.com
Pic: Designer491 | Dreamstime.com

Bangladesh finance minister AHM Mustafa Kamal is optimistic about achieving the target of 7.2 per cent gross domestic product (GDP) growth in the current fiscal (FY22). Export earnings are likely to fetch $47-$48 billion by the year end, a new milestone, and though the inward remittance flow is a bit less now, it is likely to reach $21 billion by year end, he said.

The minister said this while virtually replying to questions after chairing the 41st meeting of the Cabinet Committee on Government Purchase (CCGP), according to Bangla media reports.

The International Monetary Fund recently enhanced growth projection for Bangladesh to 6.6 per cent for this fiscal from its earlier projection of 6.5 per cent.

ALCHEMPro News Desk (DS)

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