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Bangladesh: No area of economy has negative growth, Finance minister

DHAKA, 11 February 2022, (TON): Finance Minister AHM Mustafa Kamal said “there is no sector of the economy that has negative growth.”

He made the claim while briefing reporters on the outcomes of the two consecutive meetings of the Cabinet Committee on Economic Affairs and the Cabinet Committee on Public Purchase.

He presided over the two meetings held virtually.

He said defending his claim “you can easily find a calculation of the economy. There is no inflation while our exchange rates remain stable. When globally remittance was facing tough times, our (inward) remittance achieved 15% growth.”

He also said that the country’s revenue generation obtained 30% growth while the import and IT sector witnessed growth too.

Kamal mentioned that though remittance is not considered while calculating the GDP growth, it comes to the per capita income’s calculation.

He added “these are the areas of the economy. If there is any negative growth, it will be reflected into the economy.”

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