Thursday 1 January 2009

BANGLADESH, remittance may slow down in Jan, Feb

FE Report

The country's export and the flow of remittances might suffer a setback during the first two months of the new year because of the ongoing global recession, eminent economists told the FE Wednesday.

They said Bangladesh is entering into the New Year taking the risk factors and urged the new government to take the issues seriously to the economic growth.

They, however, said Bangladesh might have a sigh of relief after June of 2009 as a result of stimulus packages taken by rich nations to salvage their economies.

Economists also said the new government must accelerate the implementation of annual development programme (ADP) in 2009, which remained slow over the past years saying the next government should not politicise the ADP.

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