IMF further cuts Bangladesh's FY27 growth forecast to 3.2pc, sees inflation surging to 10.9pc
Bangladesh, Oct. 13 -- The International Monetary Fund (IMF) has further lowered Bangladesh's growth forecast for the fiscal year 2026-27 (FY27) to 3.2 per cent, down from its previous projection of 3.5 per cent made in July.
The Washington-based lender unveiled the latest projections in its World Economic Outlook (WEO) on Tuesday in Bangkok, as part of the 2026 Annual Meetings of the IMF and the World Bank Group.
The IMF also projected Bangladesh's inflation rate to rise to 10.9 per cent in FY27, up from its April forecast of 6.0 per cent.
During the first three months of the current fiscal year, headline inflation stood at 8.32 per cent, 8.26 per cent and 8.34 per cent, respectively.
The IMF's latest projections came days after the...
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