Although the reforms have just started, some positive results are already visible.
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
The burden of imported inflation and supply-side implications of reduced imports will have adverse implications for economic growth and welfare, particularly of marginalised people.
Interventions must involve fiscal policy to address our fundamental economic issues
Interventions must involve fiscal policy to address our fundamental economic issues
The rate of reserve depletion is alarming, and the IMF loan will not be enough to fend off the haemorrhage.
The government yesterday reached a preliminary agreement with the International Monetary Fund over a $4.5 billion loan programme, putting to bed all suspense on whether a deal would be struck with the multilateral lender at all.
Bangladesh may fall into deep economic crisis unless it puts in place comprehensive policies and reforms, and starts implementing them immediately, said a number of economists yesterday.
"The government is not dependent on public support. Hence, it gives no importance to public suffering."
Online purchases are getting costlier as courier companies in the country have collectively raised their fares in response to the recent increase in fuel prices.
If things are bad, there must be a good reason for it.
As Bangladesh, facing an unprecedented economic crisis, has entered a negotiation with the IMF for a USD 4.5 billion loan package, a few discussions have ensued in the country.