Category: Bangladesh

September and October (so far) have been busy months in Bangladesh. On the political front, the interim government has been battling hard to bring back some sense of normalcy, with mixed results. They have formed various sectoral committees to explore institutional issues and how to solve them across various aspects of the economy.…… Read the…

This month’s news cycle was dominated by the student-led protests for quota reforms in government jobs, which ultimately turned deadly and underscored a dark few days in the country’s history. The economy took a backseat in the face of the aforementioned event, but many sectors were hurt by the curfews and internet blackouts.…… Read the…

May was a relatively stable month politically. On the economic front, the government’s GDP growth calculations show a GDP growth rate of 5.82% for the current fiscal year, which is around the estimations of international financial institutions such as the World Bank and the IMF. The central bank has also stopped regulating lending rates for…

In the run-up to May’s critical upazila (local) elections, the main opposition party, the BNP, have expelled 73 members of their party for preparing to take part in the election, thereby violating the BNP’s decision to not take part. The IMF has, for the second time in recent months, reduced its GDP growth forecast (down…

The seemingly daily blame-game between the two main political parties continues apace, with the two blaming each other for a lack of democracy in the country. On the economic front, exports continue to surge with a third consecutive month of USD 5-billion plus earnings, while remittance collection also continues to show good numbers.…… Read the…

The main opposition party BNP has taken shots at the government for not protecting the country’s border with Myanmar well enough in regard to recent incidents at the border, and also accused them of putting their relationship with foreign counterparts above their own citizens. The central bank has relaxed its loan write-off policies in a…

Awami League won a landslide victory in the general elections, as expected, with Sheikh Hasina elected to a fourth consecutive term in office. Reaction has been mixed, with the US, UK and some other countries expressing concerns over the fairness of the elections. On the economic front, both exports and remittances figures saw a strong…

Overview. Election campaigning is coming towards its end as next week’s elections come ever closer, with the Awami League campaigning to remain in power, while BNP is seeking a stop to elections. The World Bank has said it is not happy with the government’s new draft law regarding Non-Performing Loans.…… Read the rest

Overview. Preparations for the elections are in full swing, with both parties finalizing their nominations. The main opposition party have announced blockades and strikes throughout November and will seemingly do so in December as well before the elections, currently slated for 7th January 2024. Exports totalled USD 3.76 billion for October, while remittances picked up…