GDP to grow by 6.3% or more: Muhith

[eastwatch]

Muhith sees 6.3 percent GDP growth - bdnews24.com

Muhith sees 6.3 percent GDP growth
Muhith sees 6.3 percent GDP growth
Staff Correspondent, bdnews24.com
Published: 30 May 2013 04:53 PM GMT Updated: 30 May 2013 04:53 PM GMT

Finance Minister Abul Mal Abdul Muhith hopes country's GDP growth in the current 2012-13 fiscal will 6.3 per cent or more.

Muhith told a gathering at the secretariat that the GDP growth could be as high as 6.7 or 6.8 percent with country about to reap bumper Boro rice, potato and maize harvests.

“This year the investment in the public sector has also gone up by 1.65 percent,” he added.

Muhith claimed his year’s potato production was about 10 percent more than last year’s. “Boro yield is also expected to be higher than that in the last year while the production of maize would be substantially higher,” he added.

He was addressing a function of the UAE-Bangladesh Investment Company Limited at his ministry.

The Bureau of Statistics (BBS) has projected a GDP growth 6.03 percent in its economic survey ahead of the upcoming budget.

“I think the BBS statistics is not right. They have taken into account of only eight months,” Muhith said added.

 

[BDforever]

Muhith sees 6.3 percent GDP growth - bdnews24.com

Muhith sees 6.3 percent GDP growth
Muhith sees 6.3 percent GDP growth
Staff Correspondent, bdnews24.com
Published: 30 May 2013 04:53 PM GMT Updated: 30 May 2013 04:53 PM GMT

Finance Minister Abul Mal Abdul Muhith hopes country's GDP growth in the current 2012-13 fiscal will 6.3 per cent or more.

Muhith told a gathering at the secretariat that the GDP growth could be as high as 6.7 or 6.8 percent with country about to reap bumper Boro rice, potato and maize harvests.

“This year the investment in the public sector has also gone up by 1.65 percent,” he added.

Muhith claimed his year’s potato production was about 10 percent more than last year’s. “Boro yield is also expected to be higher than that in the last year while the production of maize would be substantially higher,” he added.

He was addressing a function of the UAE-Bangladesh Investment Company Limited at his ministry.

The Bureau of Statistics (BBS) has projected a GDP growth 6.03 percent in its economic survey ahead of the upcoming budget.

“I think the BBS statistics is not right. They have taken into account of only eight months,” Muhith said added.

Muhith ! !

 

[Ayush]

no,can't be more than india..

 

[BDforever]

no,can't be more than india..

 

[Ayush]

okay dada..

 

[Rokto14]

no,can't be more than india..

Why not? How much is India's GDP growth in the recent years?

 

[Ayush]

Why not? How much is India's GDP growth in the recent years?

it's being pegged at 5.3%

OECD slashes India's growth forecast to 5.3% for 2013 | Business Standard

 

[Banana]

Much of Bangladesh's statistics are fudged right from Government, media to their companies.

 

[mb444]

BBS figuers are wrong and muhith is correct.... There really is no fool like an old fool

 

[eastwatch]

no,can't be more than india..

But, India is only 4.8%?

Much of Bangladesh's statistics are fudged right from Government, media to their companies.

No, do not fool our statisticians. BD GDP will be more than 6% no doubt about it even in this election year. But, Muhith is only predicting.

 

[Skies]

Muhith claimed his year’s potato production was about 10 percent more than last year’s. “Boro yield is also expected to be higher than that in the last year while the production of maize would be substantially higher,” he added.

When the world is in recession, this #PaglaMuhit thinks 6.3%+ growth with 10% more potato and boro production? Interesting really.

http://www.defence.pk/forums/world-...onomic-problems-erupting-all-over-planet.html

 

[Abingdonboy]

it's being pegged at 5.3%

OECD slashes India's growth forecast to 5.3% for 2013 | Business Standard

Minor blip and this is still early day. FY2012-13 saw 5%, FY2013-14 is predicted to be anywhere from 5.3-6.2% depending on who you belive. FY2014-15 is going to be even better 6+, beyond that who knows?

 

[the just]

Maal,he he he,he.

 

[scholseys]

Minister of waste management at its best.

 

[Zabaniyah]

But, India is only 4.8%?

For the first quarter that is.