The mass movement in July and August 2024 had not only resulted in the tragic death of hundreds and severe injuries to thousands, but also subdued economic activity.
Given the current economic reality of Bangladesh, recovering stolen assets must be a top priority for the interim government.
There are many hurdles to overcome in the coming days
Return of regular export-import activities at Ctg port is vital
Fresh sovereign rating downgrade shows much remains to be done
Govt has a lot to do to recover business and investor confidence
Govt must address the plight of low-income workers, entrepreneurs
Its lack of independence has had disastrous effects
Lack of proper government actions is costing citizens dearly
Rise in reverse migration has raised concerns
Uncontrolled inflationary pressure is one of the most problematic phenomena in the country.
Govt should rethink strategies to combat persistent food insecurity
Food prices continue to climb as the holy month begins
Punish wilful defaulters before banks’ health further deteriorates
Bangladesh must embrace change for a sustainable development
The economy is losing momentum. Inflation remains stubborn. Bangladesh is facing deterioration in external buffers, with official reserves falling to $20.18 billion as of January 10, less than half their historic peak in 2021. The currency shock is lingering.
Bangladesh is now in the depths of both economic and political crises.
Latest figures show how persistent the problem has been
Unless a holistic approach is taken, the sector will continue to fall short of international standards.