ADB cuts growth projection for second wave GDP growth may fall to 5.5-6pc The Asian Development Bank (ADB) has downsized its projection about the Bangladesh's GDP growth in the current fiscal year of 2020-21, considering the second wave of Covid pandemic and fresh lockdown that restricted economic activities. The ADB in its annual flagship publication titled 'Asian Development Outlook (ADO) 2021' released yesterday had projected that Bangladesh's GDP growth would pick up to 6.8 per cent in 2020-21 with stimulus package implementation and recovery in global growth and trade. However, ADB Country Director Manmohan Parkash in a virtual press briefing on the launch of the flagship report yesterday said, "As the second wave of Covid-19 is ongoing and the situation is still fluid, these impacts were not considered in our outlook."