Bangladesh’s Economy Moves from ICU to Cabin

Finance Adviser of the interim government Dr Salehuddin Ahmed has said that the country’s economy is no longer in a fragile state, noting significant improvement over the past one and a half years.

Speaking to journalists on Monday afternoon after inaugurating a voter awareness and referendum campaign programme in Chandpur, he said the foreign exchange reserves have risen substantially, reflecting a recovery in the overall economic situation.

He explained that widespread corruption and money laundering had once pushed the economy to the brink of collapse. Since taking office, the current administration has worked to stabilise the situation. Describing the progress, he said the economy has moved from an “ICU stage” to a “cabin stage.”

Regarding the referendum, the finance adviser said reforms have been undertaken to ensure judicial independence, speedy justice and improved law and order. Public support through a “Yes” vote is necessary to fully implement these reforms, he added.

Responding to concerns about the fairness of voting, he said there is currently no political pressure and no scope for financial influence. With cooperation from all sides, a free and credible vote can be ensured.

After the event, the adviser and other officials visited referendum booths and interacted with voters. Earlier in the day, he also addressed a voter awareness meeting organised by the local administration.