Bangladesh's Eighth Five Year Plan (2021-25): Development Strategy and Interests of the 'Left Behind' slide image

Bangladesh's Eighth Five Year Plan (2021-25): Development Strategy and Interests of the 'Left Behind'

2. Faultlines of the Recent Development Experience 2.3 Role of Domestic Demand Share of consumption demand in GDP has decreased (77.8 to 74.7%) over the five years. The decrease was driven by the decrease in share of private/household consumptions (72.4% to 68.5%). Share of public consumption has increased from 5.4 to 6.2% Share of investment demand in GDP has increased over the years, albeit below the target rate. The increase in investment has been largely driven by public investments which exceeded the target rate in FY20. In summary, Domestic demand has been driven by public consumption and investment Private consumption declined, investments stagnated with decreasing contribution of FDI Deb. Bhattacharya: Development Strategy and the Left Behind 80
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