Asia’s economic growth outpacing overall global growth: BB governor
Dhaka: Bangladesh Bank governor Dr Atiur Rahman on Saturday said the Asian economic growth in recent years has been consistently outpacing the overall global growth by a good margin.
‘Asian Clearing Union (ACU) intraregional trade is also growing much faster than the global trade growth,’ he said while delivering his welcome address at the 44thACU Board taking place at city’s Sonargaon Hotel.
The BB governor also said the economic growth signifies the region's heightening stature as a global growth hub. ‘Inclusive approaches in development policies are helping the region's growth vibrancy to accelerate social progress in terms of human development and poverty decline.’
Besides its core function of intraregional trade payment settlements, Atiur said, the ACU is also a useful platform of networking and experience sharing on issues of topical interest, including macroeconomic, financial and trade policies.