It expects Bangladesh’s economy to rebound to 5.1 percent in FY26The Asian Development Bank (ADB) has revised down Bangladesh’s GDP growth forecast to 3.9 percent for the fiscal year 2024-25, citing a combination of political instability, high inflation, and a decline in global demand. In its Asian Development Outlook for April, published on Tuesday, the ADB paints a cautious picture of the country’s economic trajectory as it navigates domestic challenges and global uncertainties. The latest projection, down from 5.1 percent in September, marks the slowest growth rate since the COVID-19 pandemic. Despite the country’s large labour force and strong export record, FDI inflows remain low compared to other economies in the region. ADB analysts emphasised that reforms to simplify business regulations, enhance transparency, and strengthen governance were crucial to restoring macroeconomic stability and sustaining long-term growth.

Source: bd News24 April 09, 2025 07:32 UTC