Bangladesh

This project will help the country recover from this flood and build resilience to future floods by addressing damages to infrastructure, agriculture, and livelihoods in Eastern districts.

Bangladesh Bank has confirmed the formation of a task force to evaluate the situation. It is also drafting a new “Bank Resolution Act” that will provide a legal and procedural framework for the proposed mergers and acquisitions.

This slump is largely attributed to domestic unrest, contractionary monetary and fiscal policies, and a broader climate of uncertainty that has discouraged both foreign and domestic investment.

Experts say that if Bangladesh is to achieve its ambition of becoming an upper-middle-income country by 2031, it must confront the growing dominance of business elites in its political system.

The Nobel Laureate vowed that the next election would be the best in the country’s history. Yet uncertainty looms large, particularly over whether the Awami League, the party led by ousted Prime Minister Sheikh Hasina, will be allowed to participate.

To support judicial and administrative functions at the grassroots, the commission also proposes establishing full courts in every upazila under a senior assistant judge to handle both civil and criminal cases.

The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.

The commission called for enforcement of the existing rule mandating 33 per cent women’s representation in political parties under the Representation of the People Order. It also proposed institutional reforms within parties to address corruption and create enabling environments for women.