Despite worsening economic crisis, Bangladesh is highly likely to experience a rebound from July 2025 due to the reform measures being undertaken by the interim government, the IMF’s review mission chief has said.
Chris Papageorgiou said Bangladesh’s current socio-economic trajectory matches that of many others, which adopted reform plans and later reaped the economic benefits.
The IMF official made the remarks while addressing a press conference held on finance ministry premises in Dhaka on Thursday.
Papageorgiou warned against the present uncontrolled inflation, which might get worse due to new money printing by the central bank.
However, next year, consumer prices would finally start falling, he said.
Mentionable, on Wednesday, the IMF cut Bangladesh's growth outlook to 3.8% for the year ending June 2025, but projected a rebound to 6.7% in the next twelve-month period.
Source: The Daily Sun
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