Dhaka, April 23 -- Stepping up domestic revenue mobilisation could help the South Asia region strengthen fragile fiscal positions and increase resilience against future shocks, said the World Bank (WB) in its twice-yearly regional outlook.

The latest South Asia Development Update, Taxing Times, projects regional growth to slow to 5.8 per cent in 2025 -- 0.4 percentage points below October projections -- before ticking up to 6.1 per cent in 2026. This outlook is subject to heightened risks, including from a highly uncertain global landscape, combined with domestic vulnerabilities including constrained fiscal space, according to a media release.

It said amid increasing uncertainty in the global economy, South Asia's growth prospects have ...