Fall in GDP growth
Bangladesh has lost thousands of crores of taka owing to political turmoil in the last few months. The government was trying to increase GDP growth but all went in vain. Now the central bank will have to face daunting challenges for maintaining a healthy GDP growth rate.
The central bank hoped the private sector credit growth would be 15.5 percent by the end of the year. But the growth was 11.13 percent till November. Inflation has been rising by leaps and bounds in recent months. The central bank may lower some policy rates which will create pressure on the banks to cut lending rates.
Md. Maskurul Alam
Department of statistics
Islamic university, Bangladesh
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