Bangladesh’s growth prospect is the second highest among the eight-nation SAARC (South Asian Association for Regional Cooperation) region , according to the latest report of the World Bank (WB), reports BSS. Only India is ahead of Bangladesh in the chart of the WB’s report, which observed that the SAARC region would maintain its lead as the fastest-growing region in the world, with economic growth forecasted to accelerate from 7.0 percent in 2015 to 7.4 percent in 2016. The half-yearly ‘South Asian Economic Focus’ of the WB put India at the top of the chart with a forecast of 7.8 percent GDP (gross domestic product) growth for 2016 followed by Bangladesh (6.5 percent), Bhutan (5.9 percent), Sri Lanka (5.6 percent), Pakistan (4.5 percent), Maldives (3.9 percent), Nepal (3.7 percent) and Afghanistan (3.1 percent).
