Inflation biggest concern for Bangladesh: WEF

By
Asian Observer
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Inflation has been identified as the biggest risk to Bangladesh in 2025, according to a World Economic Forum (WEF) report released on Wednesday.

In its Global Risks Report 2025, the WEF, an independent international organisation, stated that extreme weather events — such as floods and heatwaves — and pollution are two other significant risks to the economy of South Asia.

Particularly in densely populated countries such as Bangladesh and India, pollution has become one of the most critical challenges to tackle, the report said.

“A pollution conscious green transition is needed,” it added.

The WEF’s latest report also noted that unemployment and economic downturn are two remaining challenges for Bangladesh, which has been grappling with stubbornly high inflation, devaluation of its currency, falling foreign exchange reserves, and slowing investment and business growth.

The 12-month average inflation in Bangladesh rose to 10.34 percent in 2024 from 9.48 percent a year earlier.

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