WB lowers Bangladesh GDP growth to 3.4pc for FY27
Bangladesh, Oct. 6 -- Bangladesh's GDP growth may get stuck at a low 3.4 per cent in the current fiscal year as decelerators like energy and banking-sector vulnerabilities, weak investment and persistent inflationary pressure subdue economic activity, says the World Bank.
It also lists limited tax reforms, rising current expenditure, and high domestic borrowing as hikers of fiscal pressures for the country.
The Washington-based lender, in its latest Bangladesh Development Update, on Tuesday projected the real gross domestic product (GDP) growth at 3.4 per cent in FY2026-27 for the country, a sharp downgrade from its April forecast by 1.2-percentage points.
The latest projected growth is also significantly below Bangladesh's average gr...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.