IMF projects Bangladesh's GDP to rebound to 4.7% in fiscal 2026
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A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018. REUTERS/Yuri Gripas
Jan 30 (Reuters) - The International Monetary Fund on Friday said Bangladesh's gross domestic product is expected to rebound to 4.7% in the fiscal year 2026, following a recent economic slowdown.
"With implementation of policies to mobilize tax revenue and address financial sector vulnerabilities, (Bangladesh's) growth is projected to rebound to 4.7 percent in FY26 and gradually accelerate to around 6 percent over the medium term," the IMF said.
"Inflation is projected to remain elevated at 8.9 percent in FY26 before subsiding to around 6 percent in FY27," it added in a statement.
(Reporting by Mrinmay Dey in Mexico City; Editing by Chris Reese)
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