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World Bank Lowers Bangladesh Growth Forecast Amid Unrest

3/23/2025

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Summary

Story summary

The World Bank forecasts Bangladesh's economy will grow 4% in FY 2024-25, revised from 5.7%.
Growth for FY 2023-24 is adjusted to 5.2%, below the government's 5.82% estimate.
Political unrest and recent floods are likely to impact investment and agriculture.
An interim government has assumed power following Sheikh Hasina's resignation amid protests.
A gradual recovery is expected, with a 5.5% growth forecast for FY 2025-26.

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Story summary

The World Bank forecasts Bangladesh's economy will grow 4% in FY 2024-25, revised from 5.7%.
Growth for FY 2023-24 is adjusted to 5.2%, below the government's 5.82% estimate.
Political unrest and recent floods are likely to impact investment and agriculture.
An interim government has assumed power following Sheikh Hasina's resignation amid protests.
A gradual recovery is expected, with a 5.5% growth forecast for FY 2025-26.