Since August 2024, Bangladesh has faced mounting macroeconomic challenges, grappling with rising inflation, increasing unemployment, and declining foreign investment. The political transition following Sheikh Hasina’s departure has added to the uncertainty, deepening economic volatility and eroding investor confidence. As the country navigates this precarious period, both immediate and long-term strategies are needed to stabilize its economic trajectory.

Political uncertainty often disrupts economic stability, and Bangladesh is no exception. A lack of clear governance structures can deter both domestic and foreign investment, slowing business activity and weakening overall economic growth. The country’s ongoing turbulence has disrupted business operations, hampered supply chains, and created an unpredictable financial climate. Addressing these concerns is essential to restoring confidence in the economy and mitigating the negative impacts on key industries.

Inflation has surged to alarming levels, reaching 11.66% in July 2024, the highest in 13 years. Food inflation has been particularly severe, hitting 14.10%, further straining household finances. Supply chain disruptions, commodity shortages, and external economic pressures have compounded these inflationary trends, disproportionately affecting low-income families who struggle to afford basic necessities. Despite Muhammad Yunus’s reputation as a Nobel laureate and microfinance pioneer, his administration has faced criticism for its response to the economic crisis. Many argue that his........

© Khaama Press