IMF slashes Bangladesh growth forecast to 3.2%
Dhaka, Oct. 13 -- The International Monetary Fund (IMF) has cut its growth forecast for Bangladesh and warned that average inflation could rise to 10.9 percent in the 2026-27 fiscal year.
The projections appear in the October edition of the IMF's World Economic Outlook, released on Tuesday during the annual meetings of the World Bank and the IMF in Bangkok, Thailand.
The IMF's growth forecast is lower than those of the World Bank and the Asian Development Bank (ADB). It is also below the growth rate recorded during the COVID-19 pandemic, when Bangladesh's gross domestic product (GDP) grew by 3.45 percent in the 2019-20 fiscal year.
If the forecast is realised, Bangladesh would record its lowest annual growth rate in nearly four decades...
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