October 15, 2024 9:10 PM

Bangladesh GDP growth to decelerate to 4% in FY25: World Bank

Bangladesh's recovery from the COVID-19 pandemic continues to be impacted by high inflation, a balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth—particularly women and educated young people—the World Bank said on Tuesday. The latest Bangladesh Development Update highlights how global and domestic factors have created a challenging macro-fiscal environment. Bangladesh's real GDP growth slowed to 5.2% in FY24, driven by wea...