DhakaTribune
Monday December 18, 2017 08:54 AM

IMF projects 7.1% GDP growth for Bangladesh

IMF projects 7.1% GDP growth for Bangladesh

It also predicted that annual inflation rate would reach 5.8% at the end of the year

The International Monetary Fund (IMF) has projected a 7.1% Gross Domestic Products (GDP) growth for Bangladesh in 2017-18 financial years (FY18).

IMF made the forecast in its latest World Economic Outlook (WEO) released on Wednesday.

It also predicted that annual inflation rate would reach 5.8% at the end of the year.

According to the report, the global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade.

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