Eight months into Dr Yunus's tenure, however, the initial optimism has all but vanished. The country is grappling with a deepening economic crisis, spiraling industrial shutdowns, rampant unemployment, and a freefall in foreign direct investment.
Barrister Shah Ali Farhad: Like many developing countries across the world, Bangladesh has been hit hard by the pandemic and the Russia-Ukraine conflict. Compared to many of its neighbours, however, the South Asian nation was able to handle the first, and still ongoing, public health crisis quite well. So far, the country has fully vaccinated ...
The world’s leading financial newspaper Nikkei sees Bangladesh as an exception in the current economic situation in South Asia. In their recent report titled “Beyond Sri Lanka, economic cyclone bears down on South Asia”, Nikkei has detailed the economic pictures of Sri Lanka, Pakistan, India, Nepal, Maldives and Bangladesh. Th...
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