The ongoing political crisis, foreign powers’ interest in the upcoming national election, and labour and human rights issues are deepening the economic uncertainty in the country, the Policy Research Institute (PRI) of Bangladesh said yesterday.
Most of the macroeconomic indicators of Bangladesh have been in bad shape for the last several months owing to external and internal factors, intensifying people’s suffering as consumer prices surged to record levels.
The 12th parliamentary elections are only about six months away. But the two largest political parties – the ruling Awami League and opposition BNP – stick to their guns on one crucial matter.
Bangladesh’s economic situation may worsen thanks to internal reasons mainly political crisis that will appear in the days to come rather than the external factors, said MM Akash, economics professor of Dhaka University.