bangladesh

Problems are continuing to mount up in Bangladesh’s economy, including high inflation, as the country attempts to bounce back from years of crisis to secure the next tranche of a IMF loan.

Six banks have been placed under central bank control, with up to $50bn of non-performing loans under scrutiny after looting scandal.

Illicit financial outflows hit $16bn annually while the local stock exchange and the environment was neglected, according to a white paper published by the interim government.

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 World Bank, the Asian Development Bank, the Islamic Development Bank and others, are providing support packages worth billions of dollars, to help with financial sector reforms.

Amid global financial uncertainty and a severe dollar dearth, Bangladesh is set to rely on borrowing from the banking sector and to use foreign debt for development works.

The rationale for the winners in the following countries: Bangladesh, Cambodia, China, Hong Kong and Hong Kong (Chinese financial institutions).

Dhaka’s efforts to attract foreign investment will be strengthened if the country's government puts its name on the line in international bond markets.

We are setting out the rationale for the choices made in our Country Awards starting with the winners from Bangladesh, Cambodia, Hong Kong and Hong Kong (Chinese financial institutions).