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WB predicts 6.2pc GDP, 7.3pc inflation

Senior Correspondent |
Update: 2014-10-21 03:04:00
WB predicts 6.2pc GDP, 7.3pc inflation

DHAKA: World Bank (WB) on Tuesday predicted that Bangladesh’s gross domestic product (GDP) and inflation will stand at rate of 6.2 percent and 7.3 percent respectively by the end of current fiscal.

Zahid Hussain, lead economist at World Bank's office in Dhaka, came up with the prediction at program on releasing WB report on Bangladesh in the city.

Zahid said the country’s poverty rate is at 24.47 percent now and Bangladesh is still under some risks.

The fuel oil price will remain unchanged till March 2015, brining a less expenditure in production, which is a good sign of the economy, the economist added.

BDST: 1250 HRS, OCT 21, 2014

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