Bangladesh's Interim Government Prioritizes Economic Recovery Amidst Political Upheaval

Bangladesh's interim government, led by Nobel laureate Muhammad Yunus, aims to restore economic stability and public trust in banks. The recent fall of the Hasina-led government has led to a wave of resignations and violence, complicating efforts to revive the economy and address banking sector issues.


Devdiscourse News Desk | Dhaka | Updated: 11-08-2024 13:41 IST | Created: 11-08-2024 13:41 IST
Bangladesh's Interim Government Prioritizes Economic Recovery Amidst Political Upheaval
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The interim government of Bangladesh, led by Nobel laureate Muhammad Yunus, has set the restoration of economic stability and public trust in banks as its top priority. Speaking to reporters, Finance Adviser Salehuddin Ahmed emphasized the need to address multiple problems in the banking sector and inflation.

Ahmed, former governor of Bangladesh Bank, highlighted the urgency of reviving the economy, which has slowed due to various complexities. He assured that despite minor setbacks, banking operations would soon resume at full pace to prevent economic stagnation.

The recent fall of Sheikh Hasina's government, following widespread protests against a controversial job quota system, has led to significant political upheaval. Numerous officials, including the governor of Bangladesh Bank and the Chief Justice, have resigned, further complicating the nation's economic recovery efforts.

(With inputs from agencies.)

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