Per capita income increases to $2,824
Bangladesh's per capita income rose to $2,824 in the fiscal year 2021-2022.
In a year, the average annual income rose by $233 from $2,591 in the previous fiscal, according to the annual report on the activities of the ministries and divisions in FY2021-2022.
The report was presented at a Cabinet meeting Monday (14 November) chaired by Prime Minister Sheikh Hasina.
Keep updated, follow The Business Standard's Google news channel
According to the report, the country's growth rate of gross domestic product (GDP) was 7.25% in the last fiscal.
Keep reading...
- Per capita income figure is illusive
- A long view of income per capita
- Central bank using lower dollar value to show high GDP per capita income
Besides, Bangladesh's revenue grew by 4.18% to Tk3,42,400 crore during this period.
Meanwhile, the expatriates sent $21.03 billion to the country with 9,84,759 Bangladeshis recruited in offshore jobs.
The report also stated that the government spent Tk2,03,783 crore on 1,836 projects in the last fiscal, which is 92.80% of the total allocation.
Some 333 projects were completed during this period, it added.
