Written by The Banking Post
The World Bank has projected that Bangladesh’s real GDP growth will rise to 4.8% in FY2026-27, supported by reduced inflationary pressure and a rebound in private consumption.
The forecast was revealed in the Bangladesh Development Update released on Tuesday (October 7).
According to the report, despite severe disruptions in the first quarter of FY2024-25, the economy showed signs of recovery in the following quarters. Easing external pressures, stabilising reserves, and declining inflation have collectively brought relief to the overall economy, the World Bank noted.
However, the organisation cautioned that several challenges persist. Private investment growth remains significantly sluggish, job creation has stalled, and the banking sector continues to face risks due to high non-performing loans (NPLs). Additionally, weak revenue collection is hampering the pace of economic recovery, the World Bank added.
