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Economic Adviser Salehuddin Ahmed has said that the scale of looting from Bangladesh’s banking sector is unparalleled anywhere in the world. He blamed rampant disorder, corruption, and a lack of governance for pushing the economy into an “ICU” at one point. In one case, he discovered that 95% of loans in a bank were non-performing. However, he noted that conditions have now improved, with inflation down to around 8%, GDP growth at 3.9% and projected to reach 5–5.7% by year’s end. While acknowledging that not all expectations were met, he insisted progress has been made. He also confirmed that Bangladesh Bank is working on unification, though political changes could alter that plan.
The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.