• Macroeconomic Performances, Near and Medium Term Prospects:

• Macroeconomic Performances, Near and Medium Term prospects:

At this critical juncture in the history of Bangladesh to confront manifold challenges, it is to focus on the economic stability, accelerating economic growth, keeping inflation within tolerable limits, removing constraints to private sector-led growth, reduction of poverty , ensuring regional and income equity and ensuring food security.

 [Macroeconomics: Macroeconomics is concerned with the behavior of economy as a whole- with booms and recessions, the economy’s total output of goods and services, the growth of output, the rates of inflation and unemployment, the balance of payments, and exchange rates. Macroeconomics deals with both long-run economic growth and the short-run fluctuations that constitute the business cycle.]

1) World Economic Environment and Outlook:

In a highly complicated economic scenario in the world with sound activism playing a conscientious role and following revised and isolated section will clarify the overview of the world economic environment according to the Central Bank, Bangladesh report.

 [Economic Environment: factors that affect the buying power and sending patterns of consumers. These factors include income distribution, changes in purchasing power as a result of inflation, the state of country’s economy etc. While the economic environment can be influenced extensively by the government activity, companies need to monitor these changes in order to predict their sales estimate]

1.1) The growth of world economy is situated in a sustainable and strong position in 2006. Based on economic sustainability the world of economy is segregated into two comprehensive divisions, they are

(a) Advanced economies

(b) Other emerging market and developing countries.

The following figure has easily been structured in order to illustrate

Table: Overview of the world economic outlook projection (annual percentage change)

2004 2005 2006* 2007*

World output...