WB projects Bangladesh GDP 4.8% in FY26, 6.3% in FY27

After a turbulent first half of FY25, Bangladesh’s economy rebounded strongly in the second half, driven by robust exports, record remittances, and rising foreign exchange reserves, the World Bank said in its latest Bangladesh Development Update released on Tuesday. The report highlighted that the country is expected to maintain an upward growth trajectory in the medium term, but urgent reforms are needed to sustain growth and create jobs, particularly for youth and women. It projects the country’s GDP growth to rise to 4.8 percent in FY26 from 4.0 percent in FY25 and reach 6.3 percent in FY27. External pressures eased in FY25 as a market-based exchange rate was adopted, foreign exchange reserves stabilized, the current account deficit narrowed, and exports...