Natural disasters like floods are likely to impact the economy of the country this fiscal year and prevent it from achieving the targeted gross domestic product (GDP), said economists. It will tough to cross 7 per cent growth due to over flooding and slow export growth, they said. A former governor of Bangladesh Bank (BB), Dr Saleuddin Ahmed, said food prices will go up as a result of the floods across the country, as agricultural production has been hit badly. Not only that, supply has been affected in different businesses, including the transport and storage of products, he said. Though the exact figure of the losses caused by the floods is yet to be revealed, its impact on different economic sectors will be huge, he added. The impact of…

Receding floodwaters in the north and north-eastern parts have eased the flood situation a bit, even…