Dhaka, March 12 -- Any significant impact of the ongoing Middle East war on Bangladesh's economy is unlikely in shorter term, a finance division assessment concludes, but predicts a bite if the conflict prolongs.

The finance division also does not see any possibility of big shortages of fuel oils and gas in the country during the same period, sources have said.

Such is the assessment done on instruction from the cabinet division, they said, and already submitted to Finance and Planning Minister Amir Khasru Mahmud Chowdhury.

The report may be submitted to the next cabinet meeting of the newly formed government to decide about next course of actions through contingency planning.

Finance division officials have said the war broke out onl...