SANGSAD BHABAN, June 6, 2024 (BSS) – The government is 
eying attaining a GDP growth target of 6.75 percent in the 
next fiscal year (FY25) riding on pursuing all the prudent 
policy measures.

“It is expected that pursuing all the prudent policy measures 
will help achieve GDP growth of 6.75 percent in the next 
fiscal year and 7.25 percent in the medium term,” said 
Finance Minister AH Mahmood Ali while placing the budget 
for FY25 at Jatiya Sangsad Bhaban today.

He said the GDP growth is maintaining its momentum 
because of the implementation of prudent and appropriate 
policy measures. “The average growth rate between FY 
2009-10 to 2022-23 was 6.71 percent, one of the highest 
among all countries in the world. It may be noted that the 
country achieved a record GDP growth rate of 7.88 percent 
in FY 2018-19 just a year before Covid-19 pandemic,”

Ali said, “Despite all adversities caused by Russia-Ukraine 
war and other global unrests, Bangladesh managed to 
achieve 7.10 percent, 5.78 percent and 5.82 percent 
(provisional) growth in 2021-22, 2022-23 and 2023-24 
respectively which is a testament to the inherent strength of 
our economy.” 

To maintain this growth in future, he said all reasonable 
supports will be continued to encourage the agricultural and 
industrial production. 

Side by side, Ali said proper implementation of important 
infrastructural projects and adoption of appropriate action 
plan aimed at increasing export earnings and remittances 
will be helpful for achieving the desired GDP growth.