Both GDP size and growth rate were overstated which also inflated per capita income figures
06 November, 2024, 01:30 am
Last modified: 06 November, 2024, 01:53 pm
Infographic: TBS
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Infographic: TBS
The development myth created during the previous Awami League regime looks set to be busted as a committee formed by the interim government started revealing the tricks behind the fairy-tale data.
Though the committee assigned to draft a comprehensive White Paper on the state of the country’s economy has not yet made any formal disclosure, one member cited their initial findings that suggest last fiscal year’s real per capita income would be $500 less than what the previous government claimed to be.
Bangladesh’s per capita income could stand at $2,200 in FY24, not $2,784 put…
