Dhaka, May 31 -- Since the overthrow of the despotic Hasina regime in August 2024, Bangladesh has been facing a complex set of regional conflicts along with economic challenges and political instability. The August 2024 uprising offered an opportunity to improve governance and stabilise the econom, but various regional and domestic challenges are slowing the process.

During Sheikh Hasina's 16-year rule under the Awami League, she exercised significant power which led to high levels of white-collar crimes and extensive financial corruption. These financial corruptions resulted in an annual illicit outflow to the tune of US$6 billion notwithstanding massive siphoning of billions of dollars annually through trade mis-invoicing. Her rule als...