Bangladesh Economy

AbuShalehRumi said:
In my POV it is a move by China to normalize rohingya genocide by the burmese.
.
Without solving rohingya issue these type of project proposal are useless.
Click to expand...

It's not possible to implement. That region of Burma is hilly and full of dense jungles, moreover insurgency is rampant. A transit through a third country requires stability in the third country.
 
SoulSpokesman said:
Since we are on BD economy, have the successor governments estimated the true size of BD GDP which was (allegedly) being inflated by Bongobandhobi SHW's govt?

Regards

@Prince_ @BananaRepublic @uksyl
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It was spread by Jamatis but now quietly swept under the carpet.

They live to spread lies.
 
@baldfish

Thanks. Has the GoBD accepted the white paper? Has the BBS/ Central Bank officially stated what is the REAL GDP and updated IMF/WB accordingly?

Regards
 
baldfish said:
Well what do you know the usual three indian stooges who never ever miss and opportunity to throw prasad at the temple of the phallic stone.



Here is the white paper report

Click to expand...
Bhai, people with a working "human" brain can easily understand that Bangladeshs current GDP data is 3rd class india grade.
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1. Google Bangladeshs current GDP (500+B USD) and then Google Bangladesh governments annual revenue (~37B USD).
2. Google Pakistans current GDP (~450B USD) and then Google Pakistan governments annual revenue (~48B USD).
3. Read these below articles about how Bangladesh government is suffocating our middle class and our businesses to generate more revenue.
#BKMEA President criticizes Bangladesh’s tax system complex, unethical
#Proposed budget burdens low-income individuals with higher taxes: CPD
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If Bangladesh have bigger GDP than Pakistan, why GoB ain't able to generate revenue even closer to Pakistan? Why our government is over burdening our lower middle class and businesses with taxes?
 
SoulSpokesman said:
Since we are on BD economy, have the successor governments estimated the true size of BD GDP which was (allegedly) being inflated by Bongobandhobi SHW's govt?

Regards

@Prince_ @BananaRepublic @uksyl
Click to expand...

I would appreciate if you didn't try to incite a fight. This issue has been discussed to death. You know this very well.

The claims of over inflated GDP came not only political opposition at the time - including both Jamaat and BNP, but it also came from International donors and World bank.

But BAL party affiliates love to brush it under the carpet as a conspiracy.

Here is an excerpt from a news report referring to World bank report -

"Donor agencies have long raised concerns about the quality of Bangladesh’s statistics. In 2022, the World Bank published a report titled Country Economic Memorandum: Change of Fabric. The report analyzed 30 years of statistics from 130 countries.

It showed that while Bangladesh’s average growth rate from 2009 to 2019 was claimed to be 7 percent, the actual growth rate was only 4.2 percent. In other words, the government had inflated the average growth rate by 2.8 percentage points over ten years. Additionally, the World Bank’s statistical capacity index showed a steadily declining score for Bangladesh."

en.bonikbarta.com

Inflated GDP data not corrected yet

GDP plays a key role in various important economic indicators. Globally, GDP ratios are often compared with indicators like debt, exports, and revenue. Over the past fifteen years, there have been many questions about government statistics. Both domestic and international economists have...
en.bonikbarta.com en.bonikbarta.com

Anyone with a decent understanding of economics and ground realities of actual development would know 2+2 doesn't add up to 4, when it comes to Bangladesh economy. That is people who have actually lived in Bangladesh.

But boasting about GDP numbers is beneficial to BAL affiliates, because that is what they use as a basis to justify the blatant disregard for human rights during Hasina's reign.

As for why it hasn't been corrected yet - it's pure politics. BNP can now use this to paint the same glorious picture and claim Bangladesh to be a middle income country. Even though during Hasina, they too were critical of the GDP numbers.
 
@LeonBlack08

So essentially, there is and will be no correction of the (allegedly) inflated GDP numbers. Btw, I too do think the BD GDP numbers are a bit inflated although not to the extent suggested by the detractors of SHW.

Regards
 
SoulSpokesman said:
@LeonBlack08

So essentially, there is and will be no correction of the (allegedly) inflated GDP numbers. Btw, I too do think the BD GDP numbers are a bit inflated although not to the extent suggested by the detractors of SHW.

Regards
Click to expand...

Yes, unlikely to see the correction under any new government. Even if Jamaat ever come to power, I am sure they will also not revise it for the political benefits.

In addition to the benefit of looking good on paper and getting a political victory, a higher GDP also allows us to borrow more from foreign lenders. So it is against the Interest of any new government to revise and correct the GDP.

As for the amount of inflation - my rule of thumb is to take a number somewhere in between from the range of two extremes.

I agree with you that the level of inflation may be lower than what Hasina critics claim.
 
BananaRepublic said:
Listen champ!

You are the liar because the number ISNT getting revised.

And about your lie about me getting infractions on the Indian forum - Joe Shearer actually wrote to me to apologise before he gave me the points because one of you muppet mods insisted he gives me a point.

You are a habitual land cowardly liar who makes accusations then bans people before they can reply.

Facts do matter.
Click to expand...

Dude, you can keep making up stories, but don't make me pull your points record to show you how many other non Bangladeshi mods have given you points over time. You will come with stories, I will come with facts.

As for this particular post - I will let the admins decide the best course of action. So that you don't get to make up more stories later.

You made a claim in your post, I debunked it with the link to a World Bank published report. Pretty clear to everyone here who is lying and making up stories.
 

S&P cuts Bangladesh outlook to negative on growth concerns​

Author
Vlad Schepkov
Published 2026-07-27, 08:10 am

Investing.com -- S&P Global Ratings changed its long-term rating outlook on Bangladesh to negative from stable today. The ratings agency affirmed its ’B+’ long-term and ’B’ short-term sovereign credit ratings for the country.

The outlook change reflects potential further weakening in trend economic growth and Bangladesh’s external balance sheet position due to adverse conditions, S&P said. These conditions include the war in the Middle East, financial sector imbalances, and energy market vulnerabilities that could slow export and economic recovery over the next 12-18 months.

S&P could lower its ratings if Bangladesh’s long-term trend growth rate falls to levels similar to peers with comparable average income. The agency also could downgrade the ratings if narrow net external debt exceeds 100% of current account receipts on a sustained basis.

Bangladesh’s economy slowed meaningfully over the past three years, with annual growth expected to average around 4.5% over the next three years. The country faces domestic banking sector weakness, energy market uncertainties, and an uncertain readymade garments market.

The agency estimates Bangladesh’s per capita income at about $2,750 in the fiscal year ended June 2026. The country’s 10-year weighted-average real per capita GDP growth rate has fallen to about 3.3%, compared with a 10-year average of 5.8% in 2022.

Bangladesh’s readymade garment exports fell by 2.6% year on year in the first eleven months of fiscal 2026. The readymade garments sector represents more than 85% of merchandise exports.

On July 24, the U.S. introduced new tariffs on Bangladesh, which will be subject to a 10% tariff rate on most goods exports to the U.S. From January to March 2026, 18% of Bangladesh’s exports were to the U.S., and about 86% of these were readymade garments.

ca.investing.com

S&P cuts Bangladesh outlook to negative on growth concerns By Investing.com

S&P cuts Bangladesh outlook to negative on growth concerns
ca.investing.com ca.investing.com
 
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