Based on an official announcement by Bangladesh Economy.
The World Bank Group has called on Bangladesh to diversify its export base to generate improved employment opportunities across the economy.
Bangladesh relies heavily on garment exports, which dominate the country's trade portfolio and limit job creation in higher-value sectors. The World Bank Group's recommendation addresses the need to expand beyond traditional industries to strengthen economic resilience and workforce development.
Diversification into sectors such as pharmaceuticals, information technology, light engineering, and agro-processing could unlock new employment pathways and increase average wages. The initiative aligns with Bangladesh's development goals to move toward middle-income status by reducing dependence on a single export sector and building competitive advantages in emerging industries.
Source: Bangladesh Economy (https://news.google.com/rss/articles/CBMinwFBVV95cUxQVEtBSU9TTGdqTUl3SWpLS000UXJScmxscTVNQms5SXZqQVRUdlZpaTJ5bUJreHJOX2RBWVdGaW8yQkQ0a19ZYnlITVZwSXl5LXc4TDJZbWlsRURrLWtaTGU2cXFadjlQY0g4SllpUG1kdGlYUGFib2N2TF9aUXdxT295S3lJbDQtWVBCdjNzaGlWaHIzSlk1R2VRRERpT0E?oc=5)
Source
Official announcement by Bangladesh Economy
Published on: 22 May 2026
Original release: https://news.google.com/rss/articles/CBMinwFBVV95cUxQVEtBSU9TTGdqTUl3SWpLS004UXJScmxscTVNQms5SXZqQVRUdlZpaTJ5bUJreHJOX2RBWVdGaW8yQkQ0a19ZYnlITVZwSXl5LXc4TDJZbWlsRURrLWtaTGU2cXFadjlQY0g4SllpUG1kdGlYUGFib2N2TF9aUXdxT295S3lJbDQtWVBCdjNzaGlWaHIzSlk1R2VRRERpT0E?oc=5
