New base year changes Bangladesh's growth arithmetic
Dhaka, Nov. 28 -- A new base year in economic calculations gives the government some solace about Bangladesh's struggling investment-GDP ratio as it yields a rise by 0.84 percentage points with a private-sector leap, analysts said Saturday.
The private-sector investment-to- GDP (gross domestic product) ratio rose by 2.55 percentage points in the new estimation from that of the previous one, Bangladesh Bureau of Statistics (BBS) data showed recently.
On the other hand, public investment- to -GDP ratio has fallen by 1.71 percentage points in the new estimation compared to the previous one, the government data showed.
Meanwhile, economists and analysts raised questions over the new estimation and wanted to know details from the BBS about ...
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