Economic prospects for Bangladesh, in contrast to the rest of South Asia, remained favourable despite a moderate slowdown last year, says a United Nations report.
Strong growth in private investment and consumption, backed by a steady increase in remittances, contributed to economic expansion in the two countries.
Titled “World Economic Situation and Prospects 2013 (WESP)”, the report was unveiled on Thursday in seven cities across the world. Its first chapter was pre-released in New York in December last year.
It says Bangladesh's GDP grew by 6.2 percent in 2012. The rate was second to Sri Lanka's, which was the fastest in the region at 6.5 percent.
According to WESP, Bangladesh will post a 6.3 percent growth in 2013 and 6.4 percent in 2014.