As Bangladesh enters 2025, optimism is palpable amid signs of economic recovery following significant political upheaval. Abdullah Shibli expresses a hopeful outlook for the year, rating the prospects at a solid 7 out of 10. This optimism comes on the heels of the July 2024 uprising that led to the ousting of Prime Minister Sheikh Hasina, which has since paved the way for potential reforms and renewed economic vigor. 1
The Organisation for Economic Co-operation and Development (OECD) has projected a global growth rate of 3.3% for 2025, reflecting a broader recovery trend that Bangladesh is poised to benefit from. Inflation rates are trending downwards, contributing to a more favorable economic environment. The resilience of the ready-made garments (RMG) sector, a cornerstone of Bangladesh's economy, is also expected to play a crucial role in this recovery. 1
In 2024, The Economist recognized Bangladesh as 'Country of the Year', highlighting the nation’s potential and resilience in the face of challenges. However, concerns linger regarding political stability and the high rates of youth unemployment, which could hinder sustainable growth if not addressed adequately. 1
Looking ahead, the government is anticipated to implement reforms aimed at bolstering economic stability and fostering job creation, particularly for the youth. The interplay between political developments and economic policies will be critical in shaping the trajectory of Bangladesh's growth in 2025 and beyond. 1