Dhaka, March 4 -- Country's economy is facing significant challenges as reflected in the majority of key indicators mainly due to the prevailing global and internal adversities, according to a leading local business chamber.

"As many as six out of nine key economic indicators, prepared by the Bangladesh Bank, signal significant challenges facing the new government, which economists attribute to persisting global and local adversities," the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka has said.

The six 'weaker parameters' are: Foreign exchange reserves, import volume, domestic debt, export receipts, food stock, and CPI inflation.

The elite trade body made the observation in its review of "Economic Situation in Bangladesh ...