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Bangladesh's factory output grew 6.66 percent in the current fiscal year, the slowest pace of expansion since the Covid-19 pandemic hit the country, as the stubbornly high inflation hurt domestic demand and the shipment of export-oriented goods slowed.
To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.
So far, any loss of productivity or major casualty has been averted while no incident related to the thin presence of workers or missing shipment deadlines has been recorded.
The prospect of Bangladesh’s LDC graduation in 2026 also looms large, warning of the loss of duty-free access to Western markets
Director-general of the Executive Cell and PEPZ at the PMO ensured the policy, crafted after consultations, will be finalised soon. However, some expressed concerns over...