| 

Military rule & social unrest imperil Bangladesh's garment industry

Amidst ongoing geopolitical tensions, such as the Israel-Hamas conflict and the war in Ukraine, which have already created widespread uncertainty and strained the global economy, Bangladesh is now facing its own set of crises. Known as a global powerhouse in apparel manufacturing, the country is grappling with significant social unrest, driven by disputes over veteran student reservations. This unrest threatens to destabilise its economy further. The recent resignation of Prime Minister Sheikh Hasina and the imposition of interim military rule in the country could potentially roll back years of economic progress, reminiscent of the past military regimes that led to economic stagnation and decline. These developments raise serious concerns about the future of Bangladesh&#**;s economic stability under mounting internal and external pressures.

Economic snapshot of Bangladesh