Bangladesh's economic growth to gain momentum in FY26: ADB - The

The Asian Development Bank (ADB) has said that consumption will remain the primary driver of growth for Bangladesh in FY2026, spurred by robust remittance inflows and election-related spending. However, contractionary monetary and fiscal policies, along with heightened investor caution, are expected to dampen investment, according to Asian Development Outlook (ADO) September 2025, released here today.It said global tariff hikes, including a 20 percent tariff on Bangladesh exports to the US, and stiffer competition in the EU is expected to weigh on exports and growth. Exporters may be compelled to reduce unit prices in response to this heightened competition.On the supply side, services are expected to expand, driven by improved household purchasing power. Agricultural growth is likely to normalize, contingent on...