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Sringeri
Monday, March 16, 2026

Economic Debacle In Bangladesh During Yunus’s Regime

“Opinion | Economic Debacle In Bangladesh During Yunus’s Regime”, News 18, March 09, 2026

“Bangladesh’s economy grew significantly during the Awami League’s 15-year regime and has achieved significant progress in promoting economic growth. Through a mix of government-supported infrastructure projects, SME financing, and focused industrial policies, the country proved that self-reliance was achievable.

Over that 15-year period, Bangladesh maintained an average GDP growth rate of 6.3%, Bangladesh was also set to graduate from LDC list in 2026, meeting all three conditions. Extreme poverty reduced to single digit; social sector indicators were the best among the South Asian countries. Bangladesh has ranked highest among Muslim-majority countries in terms of women’s empowerment.

However, that progress has now been systematically undermined. In August 2024, under a unique political circumstance, an interim government was formed in Bangladesh led by Dr. Muhammad Yunus. Upon its formation, the government promised to reduce political tensions through a neutral administrative process and pave the way for a credible election. However, the interim government failed to reflect even a minimal sense of this intent in political, social, or economic domains. Instead, the economic situation quickly worsened to an unprecedented level……”

Read full article at news18.com

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