fbpx

The forthcoming fiscal 2015-16 marks the beginning of the terminal phase of ‘Vision 2021’. The proposed budget for FY 2015-16, therefore, aims high to break free of the 6% growth trap and achieve a ‘modest’ 7% GDP growth by the end of FY 2015-16 while taming inflation at 6.2%. Even though the expected GDP growth remains ‘modest’, the 23% bigger budget seems ambitious, given the apparent unrealistic revenue target.

Read the full report here.

Categories: Economy

Related Posts

Economy

Monthly report, November 2019

November was a volatile month for the stock market as the DSEX fluctuated, ranging between 4,678 to 4,781 points (around 2.2%). However, the index ultimately inched up by 1.04%, with the top twenty gainers having Read more…

Economy

Monthly report, October 2019

After three years of negative balance, the current account has returned to a green zone riding on greater negative growth in import compared to export along with additional support from higher inflow of remittance, backed Read more…

Economy

Top fund manager buys Tk 500 million stake in bdnews24.com

In another first, bdnews24.com has secured the single biggest institutional investment for a digital media company in Bangladesh with a major fund manager putting faith in the nation’s top news publisher. LR Global Bangladesh, an affiliate of Read more…