Per capita income in Bangladesh rises to $2,227

    Bangladesh’s per capita income rose 10% year-on-year to $ 2,227 in the last financial year, according to the Bangladesh Bureau of Statistics (BBS).

    The per capita income was $ 2,024 in the financial year 2019-20.

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    According to the BBS, Bangladesh’s economy grew by 3.51% in the 2019-20 financial year, the lowest in three decades, as the Covid-19 pandemic wreaked havoc on all sectors of economic life, including industry. hotels and restaurants to face the biggest blow.

    However, economic activity began to recover gradually over the next fiscal year 2020-21 after the two-month closure was lifted across the country and efforts to recover people continued until the start of the second wave of the coronavirus in March 2021..

    Therefore, the BBS comes with provisional growth forecasts at 5.47 percent for the 2021 fiscal year by March / April.

    The economists expressed the view that the BBS estimate is in line with reality and added that the provisional estimate for the financial year 21 may be revised due to recurring hiccups in business and economic activities and the possible exclusion from April.

    Newsvibe24 Source