The World Bank today (7 October) said higher tariffs on Indian goods exported to the US will drag the South Asian growth rate in 2026, even as the current year remains shielded by government spending. The World Bank said growth in South Asia is expected to slow sharply to 5.8% in 2026 from its projection […]
Read MoreBy Sadokat Jalolova Central Asia is set to remain one of the world’s fastest-growing regions, although its economic momentum is expected to moderate in the coming years, according to the World Bank’s Spring 2025 Europe & Central Asia Economic Update. The region posted a growth rate of 5.5% in 2024, with projections of 5.0% for […]
Read MoreAt the end of the current fiscal year 2023-24, Bangladesh will rank second in South Asia in terms of gross domestic product (GDP) growth. And India will occupy the highest position. This information was given on Tuesday in a report entitled ‘Bangladesh Development Update’ at the World Bank’s Dhaka office at Agargaon in the capital. […]
Read MoreLadies and Gentlemen, good afternoon! It’s a pleasure to be speaking at this event today. Let me start by thanking JICA and the World Bank Tokyo Development Learning Center for organizing this seminar. Today I will be speaking on how South Asia can achieve greener and more resilient growth in the face of climate change. […]
Read MoreIn an updated report on Monday, the World Bank said that it maintained its economic growth forecast for Cambodia at 5.5 per cent in 2023 and raised it to 6.1 per cent in 2024. The Southeast Asian country’s growth is driven by garment export, tourism, agriculture, and construction and real estate, reports Xinhua news agency. […]
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