7.11% GDP growth in Bangladesh

The annual growth rate of GDP (gross domestic product) of Bangladesh hit the highest ever record at 7.11% in the last 2015-16 financial year (FY16), Planning Minister AHM Mustafa Kamal has said. The minister made the disclosure while briefing journalists following an ECNEC meeting at the NEC in the capital city on Tuesday with Prime Minister in the chair. Citing the data of Bangladesh Bureau of Statistics (BBS), the minister said the growth rate is the highest in the country's history. According to BBS, the total size of the GDP stood at $1,73,286 at the end of FY16 on June 30, 2016. Kamal said the economy would grow at 7.2% in the current 2016-17 financial year (FY17). He said besides the phenomenal rise in the GDP, the per-capita income surged to $1465, which is also the record high.