May 20, 2014

Bangladesh's Economy Remains Stable, Analysis Finds

Equity analyst and blogger Asif Khan posts a brief economic update of Bangladesh in his blog. According to the analysis, despite political uncertainties the economy looks stable and inflation remains under control:
The chances of an interim election in the next 12 months look slim. Current account surpluses continue, currency looks stable and inflation remains under control, largely due to weak demand. On the negatives, tax revenue fell short of the target as per expectation. In our opinion, the major negative was the slower pace of recovery of business activity post election.

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