The International Monetary Fund (IMF) has projected the Gross Domestic Product (GDP) growth for Bangladesh at 6.6 percent for the upcoming fiscal 2024-25.
The projection of the global lender nears the Bangladesh government’s projection for the next fiscal, the national news agency Bangladesh Sangbad Sangstha (BSS) reported Wednesday.
The government is attaining a GDP growth target of 6.75 percent in the next fiscal year.
Chris Papageorgiou, IMF mission chief for Bangladesh, said Bangladesh’s economy faces multiple challenges as external shocks and global uncertainties have amplified macroeconomic vulnerabilities.
Nonetheless, exports, an important driver of Bangladesh’s economy, have remained relatively resilient, he added.
