A nation under pressure

FE Team | Published: May 07, 2026 21:59:46

Bangladesh is going through a difficult period, as both internal challenges and global uncertainty are putting increasing pressure on the economy. International tensions, especially conflicts involving major powers such as the United States and Iran, are destabilising global markets. This, in turn, affects countries like Bangladesh on account of higher energy prices, trade disruptions and overall economic uncertainty.
Regardless of which government comes to power, some deep-rooted economic problems remain difficult to resolve quickly. One major issue is the growing burden of foreign debt, which is putting strain on the country's finances. At the same time, the energy sector is becoming increasingly dependent on imports, making Bangladesh more vulnerable to global price fluctuations. Private investment has also declined, slowing economic growth and job creation.
The banking sector is facing significant challenges, with some banks struggling to return depositors' money, thereby eroding public trust. Another area of concern is the labour market. Bangladesh relies heavily on traditional sectors and overseas employment. If global demand for workers declines-particularly in the Middle East-it could reduce remittance inflows and adversely affect many families.
Rising inflation has forced many people to withdraw money from savings certificates to meet daily expenses. Moreover, increased money printing by the government may further fuel inflationary pressures in the future.
Overall, strong and effective governance is essential to address these challenges. Without long-term sound planning and structural reforms, these problems may continue to intensify and hinder the country's economic progress.
Rafid Alam
Director
Crystal Printers Impression Ltd
rafidalam80@gmail.com