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Bangladesh facing global headwinds from pandemic, war; GDP growth revised down, inflation up, hurting low-income households.
Global turbulence is having a negative impact on the local context and they have multiplying effects on Bangladesh.
Bangladesh is on the way to graduating LDC status in November 2026. Are we ready?
The past few years have been topsy-turvy for the global economy, especially for developing countries like Bangladesh.
Bangladesh’s economy has been hit hard by the global turmoil considering its dependence on international trade.
According to S&P, Bangladesh’s strong economy contrasts sharply with its limited income collection and is likely to impede progress.
The capital of Bangladesh is home to over 18 million. Despite the growth in GDP per capita there are underlying issues which do not make it quite the ideal city for its inhabitants.
The Government has allocated specific funds to protect vulnerable communities, but there are improvement areas that can be considered for the revised budget.
LightCastle Partners has been analyzing the macro and industry level ramifications for the Bangladesh economy amidst the global pandemic.
S&P and Moody’s have each maintained their long-held credit rating for Bangladesh – affirming a stable trajectory for the future.
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