Why Bangladesh won't face a Sri Lanka-style crisisThe economic and political disaster in Sri Lanka has been a hot topic in recent months, with commentators looking around for signs of similar trouble in other emerging market economies. Some of these economies, such as Bangladesh, tend to get unfairly lumped in with others that could potentially face a debt crisis or worse. But the Awami League government has pointed out that the economies of Sri Lanka and Bangladesh are vastly different. Development aid organisations in Bangladesh have also said repeatedly that there is no logical reason for the situation in Bangladesh to be compared to that of Sri Lanka. In Sri Lanka, widespread corruption among key members of the Rajapaksa regime was another big cause of public anger.
Source: Bangkok Post August 01, 2022 03:26 UTC