South Asia News

07 Oct 2025

World Bank Warns Higher Tariffs on India Will Slow South Asia Growth Next Year

The World Bank said on Tuesday higher tariffs on Indian goods exported to the U.S. would be a drag on South Asia's economic growth rate in 2026, even as it remains shielded in the current year by government spending.The World Bank said growth in South Asia was expected to slow sharply to 5.8% in 2026 from its projection of 6.6% for 2025. Its forecast for the region comprises India, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives."For 2026, the forecast has been downgraded…

World Bank Warns Higher Tariffs on India Will Slow South Asia Growth Next Year

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