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
Government must take action against officials violating the restriction
Government must listen to experts to fix long-standing problems
Prime Minister Sheikh Hasina yesterday said the government started a process to collect an additional $1,000 million as budgetary support to tackle future emergency situations and the economic crisis stemming from the Russia-Ukraine war.
The finance minister of Bangladesh is scheduled to place the national budget for 2022-23 fiscal year at parliament on June 9.
The current global political, economic and trade situations are not favourable for a developing country like Bangladesh.
During the two years of pandemic, almost everybody has been pushed towards economic crisis, many to extreme poverty.
Politics, economics, and sociological journal Sarbojonkotha proposes an alternative action plan to the government to manage the ongoing public health and economic crisis.