Home Bangladesh Govt sets 7.5pc GDP growth target for FY23
Bangladesh - Bank & Finance - Corporate - June 9, 2022

Govt sets 7.5pc GDP growth target for FY23

Staff Correspondent: The government has fixed a 7.5 percent GDP growth target for the fiscal year 2022-23.

Finance Minister AHM Mostafa Kamal said this while presenting a proposed budget of Tk 6,78,064 crore for FY 2022-23 in Jatiya Sangsad on Thursday.

He said, “We hope a 7.24 percent GDP growth will be achieved at the end of the current fiscal year.

“Besides, considering the prolonged impact of COVID-19 pandemic, Russia-Ukraine war, etc., a 7.5 percent growth for next 2022-23 financial year has been fixed.”

The size of the budget is Tk 74,383 crore more than that of 2021-22. The last budget was Tk 6,03,681 crore.

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