Over the past two decades, Bangladesh made substantial economic progress as one of the world’s fastest-growing economies, having reached lower-middle-income (LMI) country status in 2015 and being set to move off of the United Nations’ Least Developed Country Index in 2026. However, the COVID-19 pandemic, followed by a sharp rise in global commodity prices and monetary policy tightening in advanced economies, decelerated the Bangladesh’s economic growth...
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