This CPD-IRBD volume is published to take stock of major economic developments experienced in the fiscal year 2010-11. The content of the present volume has two core parts. The first part provides an analysis of the growth outcomes in FY2009-10 and FY2010-11 along with an overview of the macroeconomic aggregates. The second part takes a close look at a set of issues which underpinned the overall performance of Bangladesh economy in FY2010-11. The volume closes with a brief discussion on the prospect for FY2011-12 in the context of the emerging challenges in the economy. The report was put in the public domain before the announcement of the national budget for FY2011-12. Earlier CPD had forwarded a comprehensive set of recommendations for consideration of the government for this aforementioned budget which was being drafted at that time. These recommendations are included in this volume as the