Dhaka to focus more on economic dev goals in ’15:Daily Sun

 Bangladesh, under the leadership of Prime Minister Sheikh Hasina, would focus more on meeting economic development goals in 2015, said the British financial weekly “The Economist”, reports BSS. The Economist in its flagship yearly publication - The World in 2015 - also said the country would miss the economic growth target for the year, but not by much. The report said the government would reduce
fuel subsidy next year when it would “use the country’s strategic position between India and China to seek favours from both.” The latest report, which is in fact an annual collection of predictions, identifies and explores the issues that will shape the year ahead. It said the developing countries would rediscover some missing momentum to expand by 5.3 percent when the rich economies would be expanded by 2.5 percent growth. China got significant attention in the report as it said the new biggest economy of the world would help sustain trade partners in Asia and elsewhere. It said China would see another significant changeover of its position in 2015 with outsourcing more foreign direct investment (FDI) than the inbound investment. For much of 2015, the report said, the world’s divisions would draw the most attention while some economies would be moving ahead; others would be in danger of slipping back into recession. Nationalism would be on the rise even as the West argues over how to respond to a rogue Russia and rampant jihadists. “But it’s not all gloom: sporting and speed records could be broken, cinema-goers will delight in a new Bond movie and a new Star Wars sequel, and NASA’s New Horizons spacecraft will give us a fleeting glimpse of Pluto,” the report said. It also includes some interesting predictions like one where it said that in 2015 the there would be more people active on Facebook than living in China. “If the social network were country, it would be the world’s most populous,” the Economist said.