Prime Minister Sheikh Hasina has put Abul Hassan Mahmood Ali in charge of reviving Bangladesh's economy battered by the shocks of war and three years of COVID-19 curbs. A career diplomat before joining politics, the new finance minister faces the daunting task of shoring up an uneven recovery in the faces of global headwinds and weak confidence among consumers and the private sector. In 2012, Mahmood Ali was given the responsibility of helming the Ministry of Disaster Management and Relief. He played a crucial role in developing Bangladesh's relations with several countries for five years. In 2014, Ali helped stave off the brewing maritime boundary dispute between Bangladesh and India.

Source: bd News24 January 11, 2024 21:18 UTC