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Bangladesh’s Economic Crisis: Urgent Steps to Revive a Fragile Economy

Summary by Pressenza
By Mynul Hasan Sohel (Dhaka Bureau)  Following a decade and a half of authoritarian rule, the autocratic Awami League government was ousted on August 5, 2024, through a mass uprising led by students and citizens. Over its 15-year tenure, widespread irregularities, corruption, bank looting, loan fraud, and the laundering of thousands of crores of taka abroad plunged the country’s economy into a deep crisis. Embezzlement of funds through inflated …
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Pressenza broke the news on Saturday, October 17, 2026.
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