Dhaka, April 23 -- Bangladesh's economy continues to reel from political turmoil following a sudden change in government, with investment slumping and business activity slowing amid sustained high inflation.

The World Bank has now projected gross domestic product (GDP) growth for the current fiscal year 2024-25 to drop further to 3.3 percent.

The forecast, released on Wednesday, marks the lowest growth since the pandemic hit in 2020.

Between 2010 and the COVID-19 outbreak, Bangladesh consistently posted growth above 6 percent.

Even during the pandemic and the period that followed, growth remained above 5 percent.

The World Bank had earlier predicted 4 percent growth in October, but now cites a combination of political instability and...