Bangladesh struggles to chart an economic path

Dhaka is hoping to find its feet in 2025 after a dramatic year in which the power elite exited the country, leaving the economy flailing.

The departure of Bangladesh's ruling elite has left a vacuum that is far more than political it is economic. 

Since the dramatic ousting of prime ninister Sheikh Hasina in August, followed by the exodus of influential business and political figures who are alleged to have siphoned off billions, the country's economy has been in free fall.

Factories have shuttered, banks are on the brink of collapse, and workers sit idle with no work orders in sight.

With banks failing to provide funds for trade and business, much less paying back money to depositors, private sector investment has slowed to a trickle causing mass...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222