Millions emerged from poverty in recent decades. But now, rising fuel prices, weak exports and scant remittances are sabotaging growth, and Bangladesh asked the IMF for $4.5 billion in loans.
Millions emerged from poverty in recent decades. But now, rising fuel prices, weak exports and scant remittances are sabotaging growth, and Bangladesh asked the IMF for $4.5 billion in loans.
South Asia's "economic miracle" needs help from the International Monetary Fund. High fuel prices mean rolling blackouts and a loss of productivity at garment factories once an engine of growth.
How Bangladesh went from an economic miracle to needing IMF help kunr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kunr.org Daily Mail and Mail on Sunday newspapers.
How Bangladesh went from an economic miracle to needing IMF help wbaa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wbaa.org Daily Mail and Mail on Sunday newspapers.