Dhaka, April 23 -- The Policy Research Institute of Bangladesh (PRI) on Thursday warned that Bangladesh's macroeconomic outlook is facing mounting pressure from global shocks, slowing growth, elevated inflation and narrowing fiscal space, calling for coordinated policy reforms to stabilise the economy.

The observations came at a dialogue titled "Macroeconomic Insights: Evolving Global Landscape for Trade and Growth" organised by the Centre for Macroeconomic Analysis (CMEA) of PRI with support from the Department of Foreign Affairs and Trade (DFAT) of the Australian government at the PRI conference room.

Presenting the latest Bangladesh Monthly Macroeconomic Insights, PRI economists identified three simultaneous external shocks: Middle E...