Bangladesh’s economy emerging: NY Times

Courtesy: bdnews24.com & NY Times

Dhaka, Apr 25 (bdnews24.com) — The New York Times says in a recent report that Bangladesh has a huge prospect of becoming one of the emerging economies with a strong promise of growth despite various challenges the nation of 160 million people is facing.

Challenges are there, the newspaper said in an Apr 23 report, from weak infrastructure to natural disasters that often wreck havoc in rural Bangladesh, which is home to the overcrowded nation’s 70 percent people.

Still, the report has said, Bangladesh is making progress as the nation’s economy has managed “to grow more than 6 percent a year for much of the last decade”.

Thanks to expanding middle class, growing manufacturing sector and steady inflow of remittances remain the driving forces for economic growth in Bangladesh.

Read more

In an Unlikely Corner of Asia, Strong Promise of Growth 

We hope that Bangladesh continue be a  role model among the Muslim countries with a promising secular democratic government.

Categories: Asia, Bangladesh

Leave a Reply