May 29, 2025 11:25 pm
Full News

World Bank Fears For Bangladesh’s Economy

Bangladesh has been suffering from financial crisis for after Sheikh Hasina fall off power. Recent political instability in the country has intensified the crisis. According to a report, to create opportunities for the economy to turn around through comprehensive reforms in the revenue collection system, diversifying export products, implementing proper social safety net programs, increasing investment in infrastructure development and creating jobs is in threat.

World Bank Senior Vice President Indermit Gill said Bangladesh’s economy is in a critical state. He advised government policymakers to take immediate action so that the economy can recover momentum. According to him, the Bangladesh government to take some initiatives to control inflation and increase revenue. However, more urgent action is needed to tackle the crisis.

According to the report, the main sector of Bangladesh’s foreign trade is the readymade garment industry. But in Europe and North America, the economic slowdown has reduced demand for garments, raising the risk of a decline in export earnings.

After the fall of the Hasina government in the wake of the conspiracy, Bangladesh has virtually reached a failed state. Bangladesh’s economy, which has been pushed as a buffer state, is going to be crippled again. But during the Hasina government, Bangladesh became one of the strongest economic zones in the world. In terms of economic indicators, Bangladesh’s declining economy is constantly taking the country’s future into a dark chapter.

In October, the IMF said in a report that Bangladesh’s economic growth could fall to 4 percent due to political unrest. The World Bank also agreed with them, saying that the growth rate could be 4.1 percent.

Related News
India slams Canada for linking minister Amit Shah to Sikh separatist plot
U.S.-Brazil Partnership for Workers’ Rights
Trump Threatens 50% Tariff on EU Goods, iPhones Also Targeted
Very Soon The Political Game Of Bangladesh Is Turning
Why the Los Angeles Wildfire Turned So Devastating
Selena Gomez and Benny Blanco are officially engaged!
Related Posts
MIT Shuts Down DEI Office Amid National Debate and Trump Administration Pressure
GOP Lawmaker Introduces Bill to Rename D.C. Metro as “Trump Train”
Kamala Harris’s 2028 Nomination Is Hers to Lose — and She’s Losing It
Trump Sees Major Wins in Latin America
SpaceX Starship Setbacks Raise Concerns Over NASA’s 2027 Moon Mission
Lashkar-e-Taiba Claims Role in Bangladesh Uprising, Raising Alarms Over Regional Security
More News

U.S. Army to Celebrate 250th Anniversary Without Highlighting President Trump’s Birthday

The Voice News: WASHINGTON – The U.S. Army announced Wednesday that it has no plans to officially recognize President Donald Trump’s birthday on June 14, even though the date coincides with the Army’s 250th anniversary celebrations and the president will play a prominent role in the event. President Trump, who will turn 79 that day, […]

U.S. Vice President JD Vance’s Greenland Visit Amid Renewed Tensions

March 28, 2025 – U.S. Vice President JD Vance is set to visit Greenland today, as President Donald Trump intensifies his push for Washington to assert control over the semi-autonomous Danish territory. The visit, scaled back after backlash from Greenlandic and Danish officials, will now focus solely on the U.S. military base at Pituffik in […]

Why Al Pacino Turned Down the Han Solo Role in Star Wars

This decision could have been a game-changer, but Al Pacino passed on it. “It was mine for the taking, but I didn’t understand the script,” he said. And just like that, one of the most iconic roles in cinema history slipped away from him. In the mid-’70s, Pacino’s career was booming after The Godfather. In […]

Turning the Tide: How China Can Thrive Amid an Escalating US Trade War

To navigate an escalating US-China trade war effectively, China should take a multipronged approach aimed at reducing its dependence on exports, stimulating domestic demand, and leveraging its unique economic position. Here’s how China can best position itself: 1. Shift Focus to Domestic Consumption 2. Implement Bolder Monetary Policies 3. Adopt Targeted Fiscal Measures 4. Enhance […]

UK and France to Discuss Ukraine with Trump

British Prime Minister Sir Keir Starmer stated that the UK and France will work with Ukraine to create a plan to “end the war with Russia” and will later discuss it with the United States. The British news agency Reuters reported this. This announcement comes two days after a heated exchange between US President Donald […]

US Wants Elections in Ukraine After Ceasefire

The United States wants to see a general election in Ukraine by the end of the year if a peace agreement can be reached. This was reported by the British news agency Reuters, citing a senior representative of President Donald Trump. Keith Kellogg, the US special representative for Russia and Ukraine, stated that the presidential […]

Disability Rights UK Condemns Parliament’s Approval of Assisted Dying Bill

Advocacy Group Calls Legislation a “Betrayal” of Disabled People’s Rights Disability Rights UK has strongly criticized the passing of the second reading of the Assisted Dying Bill in Parliament, which was approved by a majority of 55 MPs. The organization has labeled the decision a “profound betrayal” of Disabled people across the United Kingdom, who […]

Judge Rejects Trump’s Appeal to Overturn Hush Money Conviction

Judge Rejects Trump’s Bid to Overturn Hush Money Conviction, Citing Presidential Immunity Ruling NEW YORK – A New York judge on Monday ruled that former President Donald Trump’s felony conviction in the hush money case should not be dismissed, rejecting arguments that the Supreme Court’s decision on presidential immunity applies to his case. In a […]

Protest at Trump Tower: 98 Arrested in New York

New York police arrested 98 protesters from a demonstration at Trump Tower in solidarity with Palestinian student Mahmoud Khalil. The protest was organized in response to Khalil’s recent detention. Mahmoud Khalil, a Palestinian student at Columbia University, was a key negotiator representing pro-Palestinian students in discussions with the university administration. He was arrested on March […]

Indian Army Chief: Bangladesh-India Relations May Change if Government Changes in Bangladesh

Indian Army Chief General Upendra Dwivedi has said that a change in government in Bangladesh could lead to changes in relations between India and Bangladesh. He mentioned that it might be “too early” to make a decision regarding Bangladesh’s role. He emphasized that the military relationship between the two countries is currently very strong, with […]