new finance minister Abul Hassan Mahmood Ali

No time to waste as new finance minister inherits wobbly economy

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.

January 12, 2024
January 12, 2024

No time to waste as new finance minister inherits wobbly economy

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.