Bangladesh faces a combination of banking sector weakness, energy shortages, low revenue mobilisation, persistent inflation, weakening competitiveness and rising fiscal pressures that could keep economic growth subdued unless structural reforms accelerate, the World Bank said in its latest Bangladesh Development Update released today.
The World Bank projects GDP growth at 3.4% in FY27, unchanged from FY26 and significantly below the 5.6% average recorded over the past decade. It expects growth to recover to 3.9% in FY28, but warns that banking vulnerabilities, energy constraints, a weak business environment and limited fiscal space will continue to weigh on the economy.
https://www.tbsnews.net/economy/banking-woes-energy-shortages-low-revenue-threaten-bangladeshs-growth-world-bank-1564136
