Scribd
Upload
7 views1 page

Economic Growth

As of February 2025, Bangladesh's economy is experiencing a slowdown in GDP growth, projected at 5.1% for 2025, down from an average of 6.4% from 2010 to 2023. Inflation remains a significant issue, expected to rise to 10.1% in 2025, prompting international support including over $2 billion from the World Bank. The country faces challenges such as high inflation, political unrest, and governance issues, necessitating coordinated reforms for sustainable growth.

Uploaded by

Rashadul Tipu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
7 views1 page

Economic Growth

As of February 2025, Bangladesh's economy is experiencing a slowdown in GDP growth, projected at 5.1% for 2025, down from an average of 6.4% from 2010 to 2023. Inflation remains a significant issue, expected to rise to 10.1% in 2025, prompting international support including over $2 billion from the World Bank. The country faces challenges such as high inflation, political unrest, and governance issues, necessitating coordinated reforms for sustainable growth.

Uploaded by

Rashadul Tipu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

As of February 2025, Bangladesh's economy is navigating a complex landscape characterized by

both achievements and challenges.

Economic Growth: Between 2010 and 2023, the country maintained an average annual GDP
growth rate of 6.4%, reflecting stable macroeconomic conditions. However, recent projections
indicate a slowdown, with the Asian Development Bank forecasting GDP growth at 5.1% for
2025.

Inflation: Inflation has been a persistent concern, with rates reaching 9.7% in 2024 and projected
to rise to 10.1% in 2025. The International Monetary Fund also projects an average inflation rate
of 10.7% for 2025.

External Support: To bolster economic stability, Bangladesh has secured significant


international assistance. In September 2024, the World Bank committed over $2 billion in new
financing to support reforms and development initiatives. Additionally, the United States
pledged an extra $202 million in aid to promote inclusive economic growth and development.

Challenges: The economy faces several hurdles, including high inflation, political unrest, and
governance issues. Coordinated reforms and political stability are essential to address these
challenges effectively.

In summary, while Bangladesh has demonstrated resilience and achieved notable economic
progress, it must navigate ongoing challenges to ensure sustainable growth and stability.

You might also like