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Bangladesh Faces $1.07 B LNG Subsidy, Garments Fall 30%

5/10/2026

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Summary

Story summary

Bangladesh could spend an extra $1.07 billion on LNG subsidies in the April-June quarter if global prices stay high.
The government reports ongoing energy shortages, power cuts and fuel rationing across the country.
World Bank analysts project national growth slowing to 3.9 % for the fiscal year ending June 2026 because of higher energy costs.
Garment manufacturers say output fell 30-40 % while they run diesel generators at least four hours daily.

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Story summary

Bangladesh could spend an extra $1.07 billion on LNG subsidies in the April-June quarter if global prices stay high.
The government reports ongoing energy shortages, power cuts and fuel rationing across the country.
World Bank analysts project national growth slowing to 3.9 % for the fiscal year ending June 2026 because of higher energy costs.
Garment manufacturers say output fell 30-40 % while they run diesel generators at least four hours daily.