Dhaka, March 13 -- Bangladesh's economic growth has slowed in recent months due to high interest rates, expensive energy supply and political uncertainty, according to trade body leaders and economists.
They highlighted that costly funding and inadequate energy supply are hindering business expansion despite the country's large workforce.
Zakir Hossain Nayan, the Convener of the Anti-Discrimination Business Forum at the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), told UNB that the domestic business sector is struggling due to high interest rates and the rising exchange rate of the US dollar.
"People have reduced their consumption due to high inflation within their income limitations. As a result, Bangladesh's in...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.