The Stability of the Graveyard: Why Bangladesh Must Unleash its Economy Now
26 February 2026 For the past year, Bangladesh has been celebrated in donor boardrooms for its "stability." We are told the Taka is steady and reserves have climbed past $30 billion. But for the entrepreneur running a cement plant at 30% capacity, or the family struggling to secure a mortgage at 15% interest, this isn't stability—it is the quiet of the graveyard. The interim government’s economic strategy was all about performing a "controlled crash" to cure inflation. In the process, it is destroying the country’s industrial heart. It is time to stop the bleeding and implement liberal market policies that empower the domestic buyer and jumpstart the "Tiger" once again. The Reserve Paradox: Wealth or De-industrialization? The government proudly points to rising forex reserves as a badge of success. However, any honest look at the ledger reveals a darker truth: reserves are building primarily because imports have collapsed. When capital machinery settl...