Dhaka, June 1 -- Economist Selim Raihan says Bangladesh is mired in deep stagnation across both foreign and domestic investment, and argues that expectations of attracting foreign capital amid ongoing political uncertainty are simply unrealistic.

He emphasises the need for not only resolving ongoing political volatility but also adopting investment-friendly decisions in the upcoming budget.

However, based on available information so far, the executive director of the South Asian Network on Economic Modeling (SANEM) does not foresee major changes in the proposed budget for the 2025-26 fiscal year.

"This year's budget is being prepared in an apolitical period, under a unique set of circumstances," said Raihan, a professor of economics at...