Despite the economic downturn in Corona, Bangladesh's economy is slowly recovering. The Asian Development Bank (ADB) expects growth to be between 6.7 percent and inflation tolerable at 5.5 percent in the current fiscal.

The data was released in the ADB's Asian Development Outlook report from Manila on Tuesday (September 15).

The bank expects the manufacturing sector to recover and export growth to moderate, with moderate inflation and a current account deficit of 1.1 per cent. Efficient macroeconomic management and government incentives are being implemented rapidly and it is estimated that 7.8 percent growth will be possible due to this. However, the biggest risk to achieving this growth is the prolongation of COVID 19.

ADB Bangladesh chief Manmohan Parkash said the government has been able to manage the economy better through incentive packages and social security despite pressure to manage health and epidemics. The current good state of exports and the recovery of funds from abroad as well as the economic recovery for the overall management of the government will continue.

ADB has already provided কোটি 600 million for the Corona epidemic. In addition, ADB will provide 5.9 billion in assistance in the 2021-23 period, and Bangladesh will receive an additional 5.2 billion if resources are raised.