WB retains Bangladesh’s growth forecast at 5.7% for FY25

The World Bank has maintained its economic growth forecast for Bangladesh at 5.7% for the upcoming fiscal year 2024-25, despite the government targeting a higher 6.75% GDP expansion. The projection is supported by increased private consumption due to easing inflation and a pick-up in investment. However, input shortages, import restrictions, and high non-performing loans in the banking sector remain challenges for the economy.