Dhaka, May 30 -- Bangladesh may pivot to tri-quarterly GDP-growth calculation for higher ratings as the current practice of estimation based on data of the first two quarters of a financial year does not reflect real economic situation, officials said.
The Ministry of Finance (MoF) is likely to request Bangladesh Bureau of Statistics (BBS) to do GDP-growth arithmetic with data for the first three quarters, from now on.
Finance officials have discussed that growth estimation "for a full fiscal year with half year's statistics does not carry a realistic picture of the overall economic growth".
They think calculating GDP based on two quarters' data is a "faulty method" and needs a revision now.
The finance officials felt shocked when the...
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