World Bank cuts Bangladesh’s growth forecast to 5.2% for FY23
Published on: Wednesday 11 January 2023
The World Bank has forecast a 5.2% growth for Bangladesh's gross domestic product (GDP) in the current fiscal year – down from the 7.2% growth in the previous year. "In Bangladesh, growth is expected to slow to 5.2 percent in FY2022/23 due to rising inflation and its negative impact on household incomes and firms' input costs, as well as energy shortages, import restrictions,
News source: https://www.tbsnews.net/economy/world-bank-cuts-bangladeshs-growth-forecast-52-fy23-566034