Bangladesh's Interim Government Faces Economic Revival Challenge
The interim government of Bangladesh, led by finance adviser Salehuddin Ahmed and appointed by interim leader Muhammad Yunus, aims to revive the slowed economy. The government, formed after the fall of Sheikh Hasina's administration due to protests, focuses on banking reforms and trust restoration amidst widespread resignations and violence.
The interim government of Bangladesh, appointed after the fall of the Sheikh Hasina-led Awami League, faces the daunting task of reviving a faltering economy. Finance and Planning Adviser Salehuddin Ahmed, directed by interim leader Muhammad Yunus, highlighted the government's priorities, including banking reforms and restoring public trust.
Speaking to reporters for the first time since taking office, Ahmed emphasized the need for immediate monetary stability and the resumption of central bank operations. He stressed that economic revival is crucial, as a stalled economy could be challenging to restart.
The interim government, amid a 'critical time' for Bangladesh, also aims to increase incomes while reducing inflation. The nation has witnessed significant violence and multiple high-profile resignations following the collapse of the Hasina regime, underscoring the urgency of restoring stability.
(With inputs from agencies.)