Dhaka, Dec. 31 -- The start of 2023 brought good news for Bangladesh's economy - the approval of a $3.3 billion loan agreement by the International Monetary Fund. But, as the year rolled on, people with limited means grappled with skyrocketing prices. Despite the global lender's help, the economy has failed to overcome many of its hurdles.

Political instability surrounding the upcoming general election shrouded the positive steps it did make, as fears of sanctions and visa restrictions by the West held back businesses amid widespread reforms prescribed by the IMF.

The dollar crisis continued, along with slumps in exports, inward remittances and investment.

Dollar reserves have been in freefall, putting pressure on energy, fuel supply, ...