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Bangladesh to outperform Asian peers in economic recovery
Finds StanChart study presented in BGCCI discussion
Star Business Report
Star Business Report
Bangladesh is likely to recover faster than its Asian peers from the Covid-19 fallout thanks to improving exports, growth in domestic consumption and remittance inflow, according to a study of Standard Chartered bank.
In fiscal 2020-21, the economy will bounce back led by growing exports and remittance, which will also give a boost to consumption, it said.
Anubhuti Sahay, head of South Asia economics research of Standard Chartered Singapore, presented the findings of the study titled 2021 Outlook: The Road to Redemption at a virtual discussion organised by the Bangladesh-German Chamber of Commerce and Industry (BGCCI). ....

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