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ICC News Bulletin January-March 2024
After LDC graduation, Bangladesh will experience significant preference erosion

Macroeconomic stability with low levels of inflation and high levels of GDP growth have been key to Bangladesh's underlying strengths and major drivers of socio- economic achievements. Bangladesh reached lower-middle income status in 2015 and on track to graduate in 2026 as middle-income country and aspiring to be an upper-middle income country by 2031.