Dhaka, Aug. 12 -- The newly appointed Finance Adviser, Dr. Salehuddin Ahmed, has inherited a daunting economic landscape.
The country is grappling with a perfect storm of political instability, institutional decay, and economic turmoil.
Economists unanimously agree that his immediate priority must be to stabilise the financial system, rein in rampant inflation, and restore credibility to economic data.
The banking sector is in dire straits, burdened by a mountain of bad loans and a leadership vacuum.
Appointing competent leadership at the Bangladesh Bank is crucial to restoring confidence in the financial system.
A comprehensive overhaul of the sector, including the establishment of a banking commission to differentiate willful from ge...