, April 9 -- Bangladesh is currently facing a range of macroeconomic challenges, including a slowing economy, high inflation and a decline in foreign investment, said Hoe Yun Jeong, Country Director of the Asian Development Bank (ADB) Resident Mission in Bangladesh on Wednesday.

He said the country is facing a decline in foreign direct investment (FDI) and an alarming rise in non-performing loans (NPLs) within the banking sector, with insufficient foreign exchange reserves adding to the mounting pressure, hindering the country's ability to navigate the economic turbulence.

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Yun Jeong made the remarks while delivering his introductory speech at the launch of the ADB's flagship pub...