Investments hit record high
Investments crossed 31 per cent of GDP for the first time in Bangladesh's history last fiscal year thanks to a spike in public spending on mega infrastructure projects now being implemented. In fiscal 2017-18, overall investment to gross domestic product ratio stood at 31.23 per cent, which was 30.51 per cent the previous year, according to data from the Bangladesh Bureau of Statistics. For about a decade the ratio has been hovering between 27 and 30 per cent. But to hit the country's growth ambitions, it can ill afford to hover around the 31 percent-mark. The ratio has to be about 35 per cent of GDP, according to economists. Private investment rose 0.3 percentage points of GDP in the last two years and public investment 1.3 percentage points.