Bangladesh economy

Although Bangladesh’s situation is nowhere nearly as severe as Sri Lanka's, it faces similar troubles: excessive spending, corruption and cronyism, and a weakening trade balance.

In addition to seeking a $4.5 billion loan from the IMF, the government is taking measures to cut down on foreign exchange spending.

Will the multi-purpose bridge, which is expected to boost the economy, yield electoral and political dividend for the ruling Awami League?

Monitoring groups blame corruption and lax enforcement for the country’s many industrial disasters, including factories catching fire with workers trapped inside.

This often-overlooked partnership figures prominently in the strategic and economic goals of both countries.

Dhaka’s extension of a $200-million loan to Maldives strengthens its image as a rising economic power.

One key effort must be developing a robust financial sector that can facilitate access to affordable finance for the SME sector.

Despite the odds, Bangladesh has managed to remain neutral amid great power competition and notch rapid economic growth. But the next decade will bring even more challenges.

At the very least, the economic partnership will enable Dhaka to get duty-free or low-tariff access to much larger markets.

Easing lockdown restrictions at a time when coronavirus infections and deaths are surging is ill-conceived, say health experts.

The country has repeatedly beat the odds over the last fifty years to emerge as a leader in South Asia across several fronts.