Bangladesh’s growth the third highest

CNN has published a report on the economic condition of the Bangladesh. The report said that the economic growth of Bangladesh would be third highest in 2016 at 6.8% GDP rate which even exceeds China’s GDP. In 2015, Bangladesh was in fifth position in term of highest economical development.

The report indicates that Bangladesh’s economy would remain positive despite global economy slowdown. Though World Bank and IMF projected GDP at around 6.8%, an official of Bangladesh thinks other way as he reminded that Bangladesh always exceeds their estimates. It is possible to achieve 7% growth in country’s economy if there is no political unrest or any natural disaster. To get desired GDP growth, Bangladesh needs to work more and extra focus on some sectors. Government should focus on high interest rate, financial security of individuals. But the most important thing is to increase and make positive environment of more foreign investment.

The report also hinted that Bangladesh would be third place in term economical growth in 2017 and fourth in 2018.

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