, Oct. 6 -- Deepening energy sector bottlenecks, alongside financial sector vulnerabilities and weak revenue mobilization, continue to severely drag down Bangladesh's economic momentum, the World Bank said on Tuesday, projecting a sluggish growth rate of 3.4 percent for FY26 and FY27.

In its latest Bangladesh Development Update released today, the global lender cautioned that persistent energy supply shortages-coupled with elevated inflation, softening investment, and loss of export momentum-are squeezing household purchasing power and driving up business operational costs.

The report noted that GDP growth could marginally recover to 3.9 percent in FY28, but emphasized that this turnaround hinges critically on a gradual easing of energy...