Dhaka, April 11 -- Following in the footsteps of the World Bank, the Asian Development Bank (ADB) has lowered Bangladesh's GDP growth forecast to 4 percent for the current 2025-26 fiscal year, citing global conflicts and internal economic strain.

In its Asian Development Outlook (April edition) released Friday, the Manila-based lender also warned that inflation is unlikely to cool down significantly, projecting it to remain at 9 percent.

This is a downward revision from the ADB's September outlook, which had initially pegged growth at 5 percent and inflation at 8 percent for the same period.

The ADB noted that while the projected growth rate is slightly higher than the previous year, several factors are weighing on the economy.

These ...