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During the coronavirus pandemic, Bangladesh is among the world’s top five stable economies, according to Finance Minister AHM Mustafa Kamal.While speaking at the Commonwealth Trade and Investment Summit 2021, the minister made the remarks. Referencing surveys from many international organizations.
As per the International Monetary Fund’s October report, the world economy contracted by 4.4% in 2020.
“Bangladesh one of the few economies in the world that was growing at the time. Bangladesh is one of the top five stable economies in the world throughout the pandemic. According to polls conducted by numerous international organizations.”
Finance Minister AHM Mustafa Kamal
Bangladesh Economy Compared To Global Economy
Due to Covid-19, the global economy shrank by 3% last year. While the Commonwealth economy shrank by roughly 10%. Making it one of the key regulators of the drop in global trade and investment.
Including a research released by the United Nations Conference on Trade and Development (UNCTAD). Global foreign direct investment likely fall by 42% in 2020.
“In light of this, the main goal of our conference today is to find a path to a significant recovery in both trade and investment among Commonwealth members,” the minister added.
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