Dhaka, April 9 -- The 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.

"Growth in FY2025 is expected to moderate further, following just 1.8 percent growth in the first quarter," the report said, attributing the downturn to political unrest, worker protests, ...