Bangladesh: strong performance of economy, growth rate expected to be 6 percent
2010-02-24 06:53 -The Executive Board of the International Monetary Fund (IMF) has commended the authorities of Bangladesh for the strong performance of Bangladesh's economy, despite the global recession. Growth has been supported by buoyant domestic activity, including in agriculture and services. Resilience in exports as well as continued strong inflows of remittances also played an important role. Fiscal conservatism of the government has paid large dividends. These trends are to continue with medium-term growth in the baseline scenario projected at a respectable 6 percent. However, two policy issues remain troublesome.