World Bank sees Bangladesh FY27 GDP growth at 3.4 pct-Xinhua
DHAKA, Oct. 6 (Xinhua) -- Bangladesh's GDP growth is projected at 3.4 percent in FY27 (July 2026-June 2027) before accelerating to 3.9 percent in FY28 (July 2027-June 2028), the World Bank said in its Bangladesh Development Update released on Tuesday. According to the latest update, released at a press conference in Dhaka, economic growth slowed sharply to 3.4 percent in FY26 (July 2025-June 2026) and is projected to remain static at 3.4 percent in FY27. The report highlights that investment activity softened, exports lost momentum, and inflation remained elevated, reducing household purchasing power and raising business costs. Looking further ahead, GDP growth is projected to recover moderately to 3.9 percent in FY28, provided energy supply constraints gradually ease and government-...
