Economy Of Bangladesh

Introduction: The Bangladesh economy grew by 6.7% in 2005-06, the highest ever remedy since 1989-90. The maturation was stimulated mainly by the manufacturing sector, which grew by 10.4%, the highest since 1997-98. about branches of the services sector and the normalisation of production in the market-gardening sector to a fault contributed to the boilers suit economical growth. On the tarry side, a sizeable emergence in remittances and exports made a significant contribution to the growth of gross domestic product. In 2005-06, domestic internal outpaced domestic supply. The consumer price puffiness during the fiscal rose to 7.0%, 0.56 sphere points above the inflation prise in 2004-05. While provender inflation increased rapidly, higher(prenominal)(prenominal) oil price and the intellectual unsoundness in the hostile exchange market were also alpha factors behind the higher inflation rate in 2005-06. stinting Growth: The growth rates in diametrical sectors were as under: Sectors2004-052005-06 agribusiness:2.24.5 Agriculture and Forestry1.84.7 Fisheries 3.73.9 Industry:8.39.6 dig and quarry8.48.8 Manufacturing8.210.4 Large and medium scale8.311.0 nice scale7.99.0 Power, go down on and Water8.97.7 Construction8.38.4 Services:6.46.5 Wholesale and sell dole out7.17.3 Hotel and Restaurants7.17.

4 Transport, Storage & chat 7.98.2 Financial Intermediation8.97.1 Real-estate, Renting & agate line3.73.7 universe Administration & Defense8.08.2 Education7.98.0 Health and hearty Work7.47.1 Community, Social & Personal Services4.04.1 GDP at producer prices 5.96.9 importing duty6.52.2 GDP growth at constant 1995-96 prices6.06.7 Source: Bangladesh coast Survey. Graph 1: Shows, the economic Growth in unlike Sectors & Years In terms of US Dollar, the value of GDP in current prices increased by 2.71% to US$ 62021 million in 2005-06 from US$ 60382 million in the preceding year. Per capita GDP stood at US$447 in...If you want to stand a full essay, companionship it on our website: Ordercustompaper.com

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