Bangladesh broke its economic growth trap of 6% for the first time since independence as it has already crossed 7% in the first nine months of the current fiscal year.
This achievement attributed to the existing political stability in the country. As per the provisional estimate of Bangladesh Bureau of Statistic (BBS), taking nine months economic growth into account, the GDP growth will stand at 7.05% for the fiscal year 2015-16, up from 6.55% in the last fiscal year.
Bangladesh has been witnessing over 6% GDP growth rate consistently over the last one decade.
According to the World Bank criteria, Bangladesh will be recognised as a middle-income nation if it achieves at least an average per capita income of $1,045 for three consecutive years. Bangladesh’s per capita income was $1,190 in FY14 and $1,154 in FY13.
SIEM in Bangladesh works to promote the avenues of UK Education to the students. We have developed and introduced our new digital offer for promoting UK Education to the students.
Read the relevant article,
Bangladesh records highest ever 7.11pc GDP growth
GDP growth hits 7.11pc, says Planning Minister
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