Manufacturing sector’s input in GDP declining fast Energy crisis hits production sector

Kazi Zahidul Hasan

Country’s manufacturing sector is reeling under deep crisis due to staggering power cut.
The crisis also forced many industrial units to reduce productions causing drastic fall in Gross Domestic Products (GDP), says the economists.
Contribution of the manufacturing sector in GDP was recorded at 7.1 per cent in FY 2003-04, in 2004-05 at 8.19 pc, in 2005-06 at 10.77 pc, 2006-07 at 9.72 pc, in 2007-08 at 7.21 pc, in 2008-09 at 6.68 pc and it was recorded at 5.92 per cent (provisional) in fiscal year 2009-10, according to Bangladesh Economic Outlook-2009-10. [Read More]

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Source: The New Nation


 

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