GDP growth reaches 6.51 pc

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UNB, Dhaka :
Planning Minister AHM Mustafa Kamal on Thursday said the provisional GDP growth in the current fiscal year has reached 6.51 percent although the government was earlier hopeful of achieving 7 percent.
“The GDP growth in the current fiscal year reached 6.51 percent,” he said after a meeting of the National Economic Council (NEC) meeting.
The meeting was held at the NEC conference room with Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, the Planning Minister said the GDP growth rate could have reached 7 percent had there been no loss during January-March period due to violent politics, arson attacks and vandalism during the hartal and blockaded enforced by the BNP-led 20-party alliance.
Kamal also expressed satisfaction that the per capita income in the current fiscal year (FY15) rose to $ 1314, which was $ 1190 in the previous fiscal year.
He also said, considering the per capita income in nominal price, the position of Bangladesh’s economy is 58th in the world. Considering the purchasing power parity, the per capita income of Bangladesh stood at $ 3,190 in the current fiscal year, leaving the country’s economic position at 36th in the world.
Earlier on a couple of occasions, the Planning Minister said the GDP growth rate this time would not be less than 6.5 percent.
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