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Bangladesh to register positive growth despite global recession: StanChart

DHAKA, Aug 13, 2020 (BSS) – Despite a global recession which is shaping up to be historic in scale, Bangladesh might be one of only two ASEAN and South Asian economies to register positive growth in 2020, observed Standard Chartered’s leading economists recently.

“While uncertainties remain, the worst is most likely over,” they said while speaking at a media session held following the 2020 Bangladesh session of the Bank’s Global Research Briefing series, said a press release here today.

Over 300 of the bank’s clients joined via video conferencing during the event, to participate in a unique digital experience.

Speaking on the occasion, Standard Chartered’s economist for the South Asia Saurav Anand said they remain cautiously positive on the Bangladesh’s growth prospects given economic resilience as well as fiscal and monetary room available to support growth.

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