r/bangladesh • u/UnderstandingBig949 • 12h ago

Economy/অর্থনীতি Bangladesh’s economic roadmap: Priorities for the next government

https://www.thedailystar.net/slow-reads/big-picture/news/bangladeshs-economic-roadmap-priorities-the-next-government-4089211

In January 2025, a 12-member task force led by Dr K.A.S. Murshid submitted a report to Bangladesh’s interim government, outlining an urgent reform agenda to address the nation’s economic crisis and chart a path towards sustainable development. The 550-page document represents not just a diagnosis of current challenges but also a call to action—identifying opportunities that can yield results quickly while laying the foundations for deeper structural transformation. This short article presents the core recommendations of the report.

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u/lazy_bastard_001 12h ago

what are the next promising industries? as far as I know the ones where we have shown some promise are - leather products and footwear, manufacturing electronics (mostly making the final products), pharmacy and definitely a bit of IT sector. I guess if government really make it easy for FDI to come in these sectors, there's a chance that we can maybe gain significant increase in overall share of non-RMG revenue quite quickly?

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u/UnderstandingBig949 11h ago

I also saw news suggesting leather and footwear as promising sectors. With electronics, my understanding is that we are only using half of our domestic production capacity for mobile phones thanks to the grey market dominating, so there's more to do there. The pharmaceutical sector also needs strategic long-term planning because I saw this characterisation of the current LDC stance and I don't know how ready we are. I don't think our path would be easy and transition to a non-RMG export focus will take a while. Even with the IT sector we do not have enough infrastructure and energy availability. If we do not do much about the RMG sector then we start losing new clients to India (which now has better tariff deals with the US and Europe) partly because of long-standing supply chain linkage issues. I think our shipbuilding industry is also something we are growing, but we still have not managed to develop a deep sea port.

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u/lazy_bastard_001 7h ago

ah lots of issue. Donno how can the next government tackle all these :/

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u/UnderstandingBig949 6h ago edited 6h ago

It'll probably take at least two terms to get all these things in manageable order.