, Jan. 14 -- term economic outlook has improved, with growth expected to strengthen steadily over the next two fiscal years, according to the World Bank's latest Global Economic Prospects report.
The report revised up its projections for Bangladesh, forecasting economic growth of 4.6 percent in FY25-26, rising further to 6.1 percent in FY26-27.
The upward revision reflects strengthening private consumption amid easing inflationary pressures, alongside expectations of higher industrial activity and investment.
Reduced political uncertainty following the general election and anticipated structural reforms by the new government are also expected to support industrial expansion and faster public spending, said the report.
Compared with th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.