They're back

Article Abstract:

Bangladesh's economy seems threatened once again now that strikes called by the political opposition have resumed, though GDP growth has been strong at 5.1% and a new stock exchange will open in Oct 1995. Foreign investors seem to have soured on the country, injecting just $100 million in the year ended June 30, only 20% of it direct. Gross domestic investment is 15%, below the 18%-20% needed to boost GDP growth to 7% or 8%. Inflation rose sharply to 5.2% in the past year, with interest rates up correspondingly.

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Positive thinking

Article Abstract:

Bangladesh's economy shows mixed signs, with rising inflation and lower foreign-exchange reserves but confident, expanding private businesses despite a tumultuous political climate. Domestic credit grew $588 million from July to Dec 1995, up from an $8.5 million increase a year earlier, and banks seem in better shape. Inflation is hovering near 6%, though, and the current-account deficit jumped to $975 million after declining in 1994. The govt projects a 6% growth rate for the economy, but others forecast 4%.

Balance of trade

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Growing gains

Article Abstract:

The Bangladeshi economy is is benefiting from political stability, and growth will be boosted by better than expected food production. GDP growth is expected to meet the government target of 5.5%, and even 6% growth could be a possibility. Export earnings have risen and imports have fallen, reducing the trade deficit. Japan, one of its largest creditors, plans to increase its disbursement of loans and development credit, reflecting its confidence in Prime Minister Sheikh Hasina Wajed's administration.

Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Japan, Economic development, Japanese foreign relations, Bangladeshi foreign relations

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