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World Bank trims Bangladesh growth outlook to 5.2 pct in 2022-23

DHAKA, Jan. 11 (Xinhua) — The World Bank has lowered its 2022-23 fiscal year (July 2022-June 2023) economic growth outlook for Bangladesh due to rising inflation and its negative impact on household incomes and firms’ input costs, as well as energy shortages, import restrictions, and monetary policy tightening.

The global lender in its latest edition of Global Economic Prospects released on Tuesday has forecast