Logo of the United Nations CollectedUN’s report on World Economic Situation and Prospects unveiledBangladesh will be the third fastest growing economy in the world in terms of achieving high Gross Domestic Product (GDP) in 2019, according to a United Nations report. The report titled World Economic Situation and Prospects put Bangladesh only behind South Sudan and India. “The government should focus to accelerate economic growth, as well as reducing income inequality to sustain the growth momentum,” Aziz told the Dhaka Tribune. The report said Bangladesh economy will grow at 7.2% in 2020, while Indian at 7.4%. Focusing on global economy, the report of the UN said urgent and concrete policy action is needed to reduce risks to the global economy and secure the foundations for stable and sustainable economic growth.

Source: Dhaka Tribune January 22, 2019 16:41 UTC