Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Monday, September 25, 2017 02:02:53 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Economy moving ahead in positive trend

Share your thought
Post a comment »
Read all () »

Bangladesh economy is moving ahead in an unbelievable pace with most of the economic indicators showing a positive and rising trend, according to a Planning Ministry presentation.
The Ministry of Planning in Tuesday's Ecnec meeting showcased the country's fast economic pace through a banner presentation at the NEC conference room in city's Sher-e-Bangla Nagar area. Prime Minister Sheikh Hasina presided over the meeting.
The presentation, titled 'The economy of Bangladesh moving ahead in an unbelievable pace', featured the country's economic progress through 15 indicators.
In terms of the country's economic growth, it showed that the country has managed to attain 6.2 percent GDP growth rate on average for the 2009-2014 period which was 4.5 percent on average during the 1991-2009 period and 3.4 percent on average till 1990 since the country's independence.
On export earnings, the presentation showed that the export earnings were 30.2 billion in the last fiscal year (2013-14) which was only 12.2 billion in fiscal 2006-07.
In terms of revenue collection, it totalled TK 1,57,000 crore in the 2013-14 fiscal year compared to TK 49,000 crore in fiscal 2006-07.
Talking to reporters, Planning Minister AHM Mustafa Kamal said the presentation highlighting the country's progress in major economic indicators was shown at the meeting.
The presentation showed that the inward remittance flow to the country totalled $ 14.2 billion in Fiscal year 2013-14 which was only 6 billion in fiscal 2006-07 while the country attained power generation capacity of 10,341 MW in fiscal 2013-14 which was only 3,718 MW in fiscal 2006-07.
The foreign currency reserve touched $ 22 billion last fiscal year compared to $ 7.47 billion in 2008-09 and 5.08 billion in fiscal 2006-07.
The per capita income over the years increased to $ 1190 in fiscal 2013-14 which was $ 598 in 2006-07 while the ADP utilisation totalled TK 57,000 crore in 2013-14 which was only about TK 20,000 crore in fiscal 2008-09.

Add Rate

News Archive

Inside The New Nation

Editorial »

Despite repeated global condemnation plight of Rohingyas worsens

THE inflow of Rohingya refugees from violence-torn Rakhine State in Myanmar slowed for the last few days owing to bad weather but thousands have started entering Bangladesh once more. According to news sources, at least 10,000 refugees have arrived in Bangladesh so far since last Saturday. Moreover, Amnesty International has ...

Cricket »

Shane Warne accused of hitting porn star

Former cricketer Shane Warne has been accused of hitting a porn star as a row escalated at a nightclub in Mayfair.Valerie Fox took to Twitter to share pictures of her alleged injuries - including a bruised eye - after the incident."Proud of yourself? Hitting a woman? Vile creature," she tweeted.The ...

Sports »

Member of FIFA Mahfuza Akter Kiron handing over the prize to a winner of the AFC Under-16 Women's Championship at Chonburi in Thailand recently.

Entertainment »

Khurshid Alam to get Lifetime Achievement Award

Entertainment Report :Legendary singer Khurshid Alam will get the Lifetime Achievement Award in this year’s Channel i Music Award. The award giving ceremony will be held on September 29 at Bangabandhu International Conference Center in the city’s Agargaon area. Awards in sixteen categories concerning music will be given in this ...

City »

Bangladesh Government Primary School Employees Welfare Association formed a human chain in front of the Jatiya Press Club on Sunday demanding nationalization of clerical jobs.

Life »

Even refined sugar invites health risks

Life Desk :When the rest of the world is turning their face away from refined or processed sugar, consumers in Bangladesh have been tending to the detrimental food item. Refined white sugar attracts a large proportion of consumers, but domestically made cane sugar cannot take its fancy, though it is ...

International »

Missile strike on US inevitable: N Korean FM

AP, United Nations :North Korea's foreign minister told world leaders Saturday that U.S. President Donald Trump's insult calling leader Kim Jong Un "rocket man" makes "our rocket's visit to the entire U.S. mainland inevitable all the more."Ri Yong Ho called the American president "a mentally deranged person full of megalomania ...

Sports »

Members of BKSP team, who became champion in Under-16 two-day long Judo Competition pose for photo with the trophy and guests at the Shaheed Suhrawardy Indoor stadium in Mirpur on Saturday.

Editorial »

India to supply Myanmar arms!

INDIA has shunned its reputation of being democratic, generous and hospitable country. They have decided to strengthen their security along the largely porous eastern border with Bangladesh and is using "chilli and stun grenades" to block the entry of Rohingya Muslims fleeing from violence in their homeland of Myanmar. Border ...

Entertainment »

I am not Varun Dhawan that I can dance with Ileana D'Cruz

Sanjay Dutt is all set to make his comeback on the silver screen with Bhoomi that hits the theatre tomorrow. The film revolves around a father who is seeking revenge from the molesters of his daughter's dignity.With Aditi Rao Hydari playing the role of a daughter to Dutt, the senior ...

City »

BNP Standing Committee Member Dr Khondkar Mosharraf Hossain speaking at a roundtable on 'Judiciary: Future of Rule of Law in Bangladesh' organised by Bangladesh Institute of Politics Studies at the Jatiya Press Club on Saturday.

International »

Russia urges calm as US, North Korea tempers flare

Reuters, United Nations :Russia urged "hot heads" to calm down on Friday as the United States admitted it felt "challenged" by North Korea's warning that it could test a hydrogen bomb over the Pacific and President Donald Trump and Kim Jong Un traded more insults.Trump called the North Korean leader ...

Editorial »

Uttering `strong and swift action` not enough, President Trump should mean business

US PRESIDENT Donald Trump wants the UN Security Council to take "strong and swift action" to end violence against Myanmar's Rohingya Muslims. Speaking at a Security Council meeting on peacekeeping reform, Vice President Mike Pence accused the Myanmar military of responding to attacks on government outposts "with terrible savagery, burning ...

City »

Islami Oikya Jote staged a demonstration in the city`s Palton area on Friday in protest against killing of Rohingya Muslims in Myanmar.


Entertainment »

Raai Laxmi in yet another hot, steamy song Mala Seenha

After teasing the audience with the teaser, trailer and title track now the makers of Julie 2 has released yet another hot and steamy song from the movie. With every passing day, Raai Laxmi is soaring the temperature with lots of oomph.  Produced and directed by Deepak Shivdasani and presented ...

Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Write a comment to this news