Bangladesh’s trillion-dollar dream: A Governance Crisis?
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17 October, 2026, 11:20 pm
Last modified: 17 October, 2026, 11:22 pm
17 October, 2026, 11:20 pm
Last modified: 17 October, 2026, 11:22 pm
Concerns regarding economic growth and weak governance pose significant challenges to Bangladesh's aspiration of becoming a $1 trillion economy by 2034. Issues such as corruption, a lack of the rule of law, irregularities in the banking sector, poor loan recovery, and the prevalence of business syndicates and extortion are placing strain on the economy. According to economists, addressing these crises requires more than just temporary financial assistance; it necessitates the establishment of effective institutions, transparency, accountability, and long-term political and institutional reforms.
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