Bangladesh’s GDP is expected to grow by 4.5 percent in FY2020 and 7.5 percent in FY2021, the Asian Development Bank (ADB) said in the update report of Asian Development Outlook (ADO) 2020 Supplement on Thursday.   The growth forecast for FY2020 reflects sharp decrease in economic activities in the last quarter due to COVID-19 pandemic and its outbreak in Bangladesh, according to a press release.   Bangladesh’s economy is expected to recover in fiscal year 2021 after coronavirus induced slowdown in FY2020, according to the latest ADB report of ADO Supplement.   During FY2021, GDP growth rate is expected to pick up to 7.5 percent driven by gradual recovery in the first two quarters, followed by quick recovery in the following quarters.   These forecasts rest on the assumption that it would take three months, from when the outbreak intensifies in the country, for economies to get their domestic outbreak under control and to start normalising economic activities, it said.   These forecasts also consider the impacts of the government’s containment actions, and fiscal and monetary stimulus measures.