Bangladesh could lose 1.1% of GDP for coronavirus: Financing Minister
Money Minister AHM Mustafa Kamal on Wednesday said Bangladesh could lose 1.1 percent of its GDP growth because of the coronavirus pandemic.
The minister said in the last fiscal year, the united states had attained 8.15 percent growth, the best in the Asia-Pacific region, and was projected to realize 8.20 percent growth in today's fiscal.
"Unfortunately, Bangladesh could lose 1.1 percent of GDP growth credited to COVID-19 spread," he said, citing an analysis of the Asian Development Standard bank (ADB).
AHM Mustafa Kamal was addressing a videoconference with the earth Loan company and IMF headquarters on the latest coronavirus situation from the NEC Discussion Room in Dhaka's Sher-e-Bangla Nagar area, said a press release of the finance ministry.
He also urged the earth Bank or investment company and the IMF to stand beside Bangladesh with increased support considering the ongoing coronavirus crisis.
"It's our ardent question to the entire world Bank or investment company Group and the IMF to create higher support to us considering this risky situation," he said.
