national politix

Political unrest impacts GDP growth: 1.81% in July-September

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Due to political violence and chaos, GDP growth in the first quarter (July-September) of the current fiscal year dropped to 1.81%, a sharp decline from 6.04% last year. According to data from the Bangladesh Bureau of Statistics, the industrial sector grew by only 2.13%, agriculture by 0.16%, and services by 1.54% during this period. The World Bank and the Asian Development Bank have forecast that the ongoing instability could further lower economic growth to 4%.

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