<span style="color: #222222;">The World Bank has predicted a GDP growth rate of 5.1 percent for Bangladesh in the financial year 2021-22 starting July this year. </span><br />''<br />''In its latest report on the Global Economic outlook, the World Bank noted that Bangladesh's economy grew at 3.6 percent in the current financial year.<br />''<br />''The report says that the pandemic is expected to leave a legacy of higher poverty in the South Asian region where tens of millions of people are anticipated to fall below the USD 1.90 per day extreme poverty level this year.<br />''<br />''The outlook for the South Asian region remains highly uncertain with recovery in early stages and the pandemic continuing to spread, notes the report. <br />''<br />''<br />''According to the report, recovery has been faster than expected with activity in most sectors overtaking pre-pandemic levels. <br />''<br />''However, the low level of vaccination in South Asian region including Bangladesh remains a concern. <br />''<br />''Recovery in Bangladesh faces new headwinds from the recent rise in COVID 19 cases and related restrictions.<br />''<br />''The world economy is expected to expand at 5.6 percent in 2021 due to strong rebounds from a few major economies. <br />''<br />''Among major economies, the US is projected to grow at 6.8 percent this year reflecting large-scale fiscal support and easing of pandemic restrictions. <br />''<br />''China is anticipated to rebound to 8.5 percent growth this year, says the World Bank report.<br />''<br />''<span style="color: #222222;">However, the global output will be about 2 percent below the pre-pandemic projections by the end of 2021.</span><br />