Dhaka contributes 46pc to total GDP: DCCI Survey
Dhaka district contributed about 46 per cent of the total gross domestic product, according to a survey conducted by the Dhaka Chamber of Commerce and Industry...
Tags : gross domestic product
Recognising informal workers is a test of reform
THIS is deplorable that the authorities still tend to see the informal economy as a statistical footnote, even though the sector contributes almost half of the gross domestic product and employs about 85 per cent of the workforce. According to the Labour Force Survey 2024, more than 84 per cent of the country鈥檚 69 million-strong workforce remain trapped outside...
Tk 1,009cr project to enhance tax officials鈥� capacity approved
The interim government on Tuesday approved a project worth Tk聽1,009.20 crore, aiming at the capacity building of tax officials against the backdrop of falling revenue collection in terms of the country鈥檚 gross domestic product...
No support for SME export reflects policy inadequacy
THIS is alarming that despite employing more than 25 million people and comprising more than 99 per cent of industrial enterprises, small and medium enterprises remain largely absent from formal export policy. The sector accounts for 28 per cent of the gross domestic product and is estimated to account for a quarter of total exports. Yet, there is no dedicated export...
Flood relief efforts to raise expenditure by 2.93pc: govt
A medium to large-scale flood is likely to occur in the 2025-26 financial year, which will begin on July 1, and erode 0.48 percentage points of the gross domestic product growth in the year, according to the finance ministry...
GDP bounces back, inflation unchanged
The overall rate of inflation remained almost unchanged as it persisted over 9 per cent in March, while the gross domestic product growth bounced back in the second quarter of the current financial year of 2024鈥�25...
Diversification of export products, markets necessary
DESPITE a remarkable advancement in the industrial sector, with its contribution now standing at more than a third of the gross domestic product, it has failed to diversify export-oriented industries, products and markets. A lack of comprehensive and consistent policies and the failure to effectively implement the few that are there are said to have led to such a state. An...
15pc budget allocation for edn sector demanded
Educationists, researchers and education rights activists on Monday demanded minimum 15 per cent budgetary allocation for the education sector and 3 per cent share of the sector in the gross domestic product in the 2025-2026 financial year...
Real test of economic progress
BETWEEN the financial years of 2010 and 2023, Bangladesh recorded an average gross domestic product growth rate of 6.4 per cent, a figure that stood out in comparison to many other lower-middle-income countries. However, recent revelations have cast doubt on the accuracy of this performance. A white paper released in February 2024 recalibrated the actual average...
GDP growth drops to 4.2pc in FY24
The country鈥檚 gross domestic product growth for the 2023-2024 financial year was 4.22 per cent, according to the Bangladesh Bureau of Statistics鈥� update released on Monday...
Growth vs justice
BANGLADESH has seen impressive economic growth in recent decades, with gross domestic product rising at over 6 per cent annually. Landmark projects like the padma bridge and metro rail reflect the nation鈥檚 ambition for modernisation, offering better connectivity and economic opportunities. It has been suggested that 5 per cent of gross domestic...
Bangladesh's GDP growth rate revised down at 5.2pc in FY25聽聽聽
A meeting of the coordination council on macro-economy and resource management on Monday decided to revise down the growth rate of gross domestic product at 5.2 per cent from earlier 6.8 per cent in the current financial year.
FY25 GDP growth likely to be 5pc聽聽
The interim government is likely to revise down the growth in gross domestic products at 5 per cent in the current financial year ending in the next June, said officials.聽聽聽
Russian economic growth dips in Q2 as inflation rises
The pace of Russia鈥檚 economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of 鈥榦verheating鈥�...
Finance ministry dismisses GDP correction
The finance ministry on Tuesday dismissed the reported apprehension about reduction of gross domestic product and per capita income following correction of the export earnings in the just concluded FY24...
Q3 GDP growth聽6.1pc
The country鈥檚 growth in gross domestic product in the third quarter of the concluding FY24 stood at 6.12 per cent.
GDP grows by 5.8pc in FY24聽amid economists鈥� doubt
The country鈥檚 gross domestic product grew by 5.82 per cent in the outgoing financial year, despite slower growth in the agriculture and...
