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This is an accepted version of this page This is the latest accepted revision, reviewed on 6 January 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
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The National Budget of Bangladesh is the government's annual financial statement, outlining the projected income and expenditure for the fiscal year. According to Article 87.(1) of the Constitution of Bangladesh , presenting this budget is a mandatory duty of the government.
The Economy of Chittagong is reflected in its gross state product of $116 billion in purchasing power parity (2022) terms ranking, second in size only behind Dhaka in Bangladesh. The nominal gross domestic product of Chittagong metropolitan city is $43 billion. [2] Chittagong metropolitan City is the second largest metropolitan city in Bangladesh.
However, per capita energy consumption in Bangladesh is considered higher than the production. Electricity was introduced to the country on 7 December 1901. Electricity is the major source of power for most of the country's economic activities. Bangladesh's total installed electricity generation capacity (including captive power) is 25,700 MW.
The economy of Bangladesh is a major developing mixed economy. [121] As the second-largest economy in South Asia, [122] [123] Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
Additionally, the Economic Relations Division's Annual Report 2023-2024 reports that a total of $7.30 billion had been disbursed to Bangladesh as of the fiscal year 2023-24. [59] The Russian Embassy in Dhaka stated that only the amounts of state export credits that have been used are the debt that the foreign state borrower owes to Russia. [56]
Bangladesh Vision 2041 (Vision '41) is a national strategic plan to further develop the socio-economic standing of the People's Republic of Bangladesh, issued by former Prime Minister Sheikh Hasina and formulated by National Economic Council.