On 6 June, Mr Abul Hassan Mahmood Ali became the third finance minister since 2009 to present the budget. The budget was presented when Bangladesh had been facing significant stress due to external and internal factors. These factors have led to macroeconomic instability, depleted foreign exchange reserves, inflation, and challenges in managing external debt. The […]

Bangladesh’s economy has faced significant challenges in the early months of 2024. Economic growth has decelerated, particularly in the export sector, while inflation has remained high. Policy adjustments are being made to address inflation and stabilise the external sector, but careful consideration is required to prevent a potential sharp downturn later in 2024. The country’s […]