
IMF: Bangladesh’s GDP Growth to Reach Nearly 5% Next Year
The International Monetary Fund (IMF) has projected that Bangladesh’s gross domestic product (GDP) growth rate will slightly increase in the current fiscal year, while inflation—which has recently shown a downward trend—is expected to rise again. The IMF also noted that with greater economic activity, import spending will go up, leading to a wider current account deficit in terms of U.S. dollars. This means the government’s foreign currency expenditure will exceed its earnings.