Stagflation or not, Bangladesh economy slips into slow growth track

The latest figures from the Bangladesh Bureau of Statistics (BBS) reveal, Bangladesh's economic growth has slowed to a mere 3.78% in the second quarter of FY24, the slowest pace in the last three quarters. This slowdown is largely driven by the negative growth of the manufacturing sector, the backbone of the Bangladesh economy, which contributed the most to its GDP.

Related Keywords

World Bank ,District Of Columbia ,United States ,Bangladesh ,Washington ,Mahmood Ali ,Khorasane Janubi ,Iran ,Israel ,Somalia ,Red Sea ,Djibouti General ,Djibouti ,Dhaka ,The World Bank ,Somali ,Bangladeshi ,Sheikh Hasina ,Sayema Haque Bidisha ,University Of Dhaka ,International Labour Organization ,International Monetary Fund ,Bangladesh Bank Quarterly ,Bangladesh Bureau Of Statistics ,Asian Network On Economic Modeling ,Bangladesh Bureau ,Social Outlook ,Research Director ,South Asian Network ,Economic Modeling ,Business Standard ,Finance Minister ,Middle East ,Minister Sheikh Hasina ,