In Bangladesh, despite the gradual rise in the investment-GDP ratio over the past three decades, private sector investment, in proportion to GDP, had remained stagnant for years even before the onset of Covid-19. The Covid-19 crisis intensified the problem.    

While the official statistics on private sector investment during the pandemic are yet to come, the indicators related to private sector investment are showing a very alarming picture. Depressing trends of imports and exports and the private-sector credit growth are testimony to this picture.  

For all latest news, follow The Daily Star’s Google News channel.

One of the most critical aspects of Bangladesh’s economic development in the 1990s and 2000s was the increased participation of the private sector, with the rise in private investment’s share in overall investment, which contributed significantly to elevate the investment-GDP ratio. During those decades, there was a persistent rise…

Read more…