{"id":267539,"date":"2023-09-20T16:57:01","date_gmt":"2023-09-20T16:57:01","guid":{"rendered":"https:\/\/hamslivenews.com\/2023\/09\/20\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\/"},"modified":"2023-09-20T16:57:01","modified_gmt":"2023-09-20T16:57:01","slug":"adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024","status":"publish","type":"post","link":"https:\/\/www.hamslive.com\/news\/2023\/09\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\/","title":{"rendered":"ADB predicts 6.5 per cent GDP growth for Bangladesh in FY 2024:"},"content":{"rendered":"<div class=\"news_content\">\n<p class=\"heading_small\">Asian Development Bank (ADB) has projected Bangladesh\u2019s gross domestic product (GDP) growth to be 6.5 percent in the fiscal year 2024, compared to an estimated growth of 6 percent in fiscal 2023.  <\/p>\n<p><p>The projection was made in the latest ADB report, \u2018Asian Development Outlook (ADO) September 2023,\u2019 released on Wednesday.<\/p>\n<p>The slightly faster growth forecast reflects an improvement in domestic demand and better export growth due to economic recovery in the euro area, ADB said in a press release. \u00a0<\/p>\n<p>ADB also predicted that \u00a0Inflation in Bangladesh will ease from 9.0% in FY2023 to 6.6% in FY2024. However, food inflation for the month of August 2023 was 12.54 per cent which is 12 years high according to the Bangladesh Bureau of Statistics.<\/p>\n<p>ADB also expects that the current account deficit will slightly narrow from 0.7% of GDP in FY2023 to 0.5% of GDP in FY2024 as remittance growth improves.<br \/> The main risk to this growth projection is a further deterioration in export growth if global demand is weaker than expected, said ADB.<\/p>\n<p>Navalsang Parmar\/Akashwani News\/Dhaka\/20.09.2023<\/p>\n<\/p>\n<\/div>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.hamslive.com\/news\/2023\/09\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\/\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 100% !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Asian Development Bank (ADB) has projected Bangladesh\u2019s gross domestic product (GDP) growth to be 6.5 percent in the fiscal year 2024, compared to an estimated growth of 6 percent in fiscal 2023. The projection was made in the latest ADB report, \u2018Asian Development Outlook (ADO) September 2023,\u2019 released on Wednesday. The slightly faster growth forecast [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":267540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-267539","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADB predicts 6.5 per cent GDP growth for Bangladesh in FY 2024: - Hams Live News English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hamslivenews.com\/2023\/09\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB predicts 6.5 per cent GDP growth for Bangladesh in FY 2024: - Hams Live News English\" \/>\n<meta property=\"og:description\" content=\"Asian Development Bank (ADB) has projected Bangladesh\u2019s gross domestic product (GDP) growth to be 6.5 percent in the fiscal year 2024, compared to an estimated growth of 6 percent in fiscal 2023. The projection was made in the latest ADB report, \u2018Asian Development Outlook (ADO) September 2023,\u2019 released on Wednesday. The slightly faster growth forecast [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hamslivenews.com\/2023\/09\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Hams Live News English\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hamslivenews\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-20T16:57:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hamslivenews.com\/wp-content\/uploads\/2023\/09\/267539-adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1066\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hams News Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@englishhams\" \/>\n<meta name=\"twitter:site\" content=\"@englishhams\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hams News Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/hamslivenews.com\\\/2023\\\/09\\\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/hamslivenews.com\\\/2023\\\/09\\\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\\\/\"},\"author\":{\"name\":\"Hams News Staff\",\"@id\":\"https:\\\/\\\/hamslivenews.com\\\/#\\\/schema\\\/person\\\/e2162234c0a81417aa153a910f1382de\"},\"headline\":\"ADB predicts 6.5 per cent GDP growth for Bangladesh in FY 2024:\",\"datePublished\":\"2023-09-20T16:57:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/hamslivenews.com\\\/2023\\\/09\\\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\\\/\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/hamslivenews.com\\\/2023\\\/09\\\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.hamslive.com\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/267539-adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/hamslivenews.com\\\/2023\\\/09\\\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\\\/\",\"url\":\"https:\\\/\\\/hamslivenews.com\\\/2023\\\/09\\\/adb-predicts-6-5-per-cent-gdp-growth-for-bangladesh-in-fy-2024\\\/\",\"name\":\"ADB predicts 6.5 per cent GDP growth for Bangladesh in FY 2024: - 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