Economic Crisis Bangladesh: Roads of Bangladesh covered in blood, but hundreds of people came out of their houses in a rage, what is happening in the neighboring country?

Economic Crisis Bangladesh: After Sri Lanka, now the economic crisis has knocked in Bangladesh. At present, inflation is at its peak in the country. The cost of everyday things has gotten out of hand. The situation here also seems to be becoming like Sri Lanka. The people of Bangladesh have taken a stand against inflation. Let me tell you, the people sitting in the houses have come on the streets. People troubled by inflation have started protesting at various places. There was a lot of anger among the people due to the increase in the prices of petrol by the government late last night. Violent clashes have erupted with the police at many places. The total population of Bangladesh is around 16 crores. Now this population has become a victim of economic slowdown. The prices of items used in daily life have skyrocketed. Inflation has put a lot of pressure on the pockets of the people. The country is depleted of dollars and the import of oil, as well as other goods, has been virtually banned. The Central Bank of Bangladesh had issued a report, in which it was told that imports have increased rapidly in the country and exports have decreased. That is, if understood in simple language, Bangladesh kept selling its goods less and kept buying goods from outside, due to which there was a lot of impact on the treasury.

Loan has been sought from IMF

At present, there is foreign exchange left in Bangladesh to import for 5 months. If the prices of goods start increasing in the world, then soon the treasury of Bangladesh will be empty. The fear of economic slowdown has started haunting the government of Bangladesh. Due to which the Finance Minister of Bangladesh has asked for a loan of $ 4.5 billion from the IMF. Although this is not the first time that Bangladesh is taking loan from IMF, but this time the discussion is happening because the loan amount is much higher than before. A few years ago, the IMF had told that Bangladesh is about to leave India backward among the fast-growing economies. Finance Minister AHM Mustafa Kamal said that the economic situation in Bangladesh is fine. At the meeting of the purchase committee, Finance Minister Mustafa Kamal said that “We have said that we will ask for money, but we have not said how much money we need. On what terms they will give money, we will also see it”.

All these countries are asking for loan from IMF

After Sri Lanka, Pakistan, now Bangladesh has come in the line of countries taking loan from IMF. Earlier Sri Lanka and Pakistan had sought loan from IMF. $4 billion will be given to Pakistan next year. The same $1.05 billion will be paid to Ghana and Tanzania. The same Bangladesh will also hold a meeting with the IMF in September to take loans.

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