Bangladesh faces daunting post-election challenges in economy, garment sector
Following its recent election victory, Bangladesh's BNP government faces significant economic challenges, including a sluggish economy, high inflation, and unemployment. Experts at an Asia Society Policy Institute webinar emphasized that the government's success will be judged on its ability to create jobs, control inflation, and maintain stable international relations. The new government is expected to focus on financial stability by stabilizing the Bangladeshi currency and reducing non-performing loans. The BNP secured 209 seats in the February 12th election, marking Bangladesh's first polls since the ousting of the previous government in 2024. Bangladesh's economic growth slowed to 3.7 percent in the financial year ending June 2025, but the IMF projects a rebound to 4.7 percent in the coming years.