Government targets 7.4 percent GDP growth

The government has set a target of 7.4 percent GDP growth for the next fiscal year.

In his Budget Speech 2017-18, Finance Minister AMA Muhith said “GDP growth rate will be 7.4 percent in FY 2017-18 and inflation will come down to 5.5 percent by the end of the fiscal year.”

On May 14, the government declared that the country’s GDP growth would hit a record 7.24 percent in the outgoing fiscal year.

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