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Bangladesh’s economy to grow 7.50 pc in 2016/17

Bangladesh's planning minister Mustafa Kamal has said that the country’s economy will grow as much as 7.50 per cent in the financial year 2016/17 that ends in June this would be slightly faster than the initial target. He said that his government was hopeful of achieving this growth.

Growth in Bangladesh spiraled 7.11 per cent last fiscal compared to 6.5 per cent in the previous year when political unrest had crippled the economy. Garment exports and remittances from Bangladeshis working overseas are said to be the key drivers of the nation's more than $200 billion economy.

 
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