Bangladesh is on the brink of further economic chaos. What the army does now that Prime Minister Sheikh Hasina has resigned is crucial, says Karishma Vaswani for Bloomberg Opinion.
Protesters shout slogans as they celebrate Prime Minister Sheikh Hasina 's resignation, in Dhaka, Bangladesh , Aug 5, 2024. , ending her 15-year-long rule as chaos has engulfed the nation. The army wasted no time stepping in to form an interim government, although what shape that will take is still unclear.
In 2022, it was on course to become a US$1 trillion economy by 2040, according to the Boston Consulting Group. “There’s also anger at the sheer lack of empathy and condescension with which Hasina has responded to those worries,” he said.The prime minister’s ruling Awami League has most recently been in power since 2009, but elections have been regularly boycotted by the opposition, and widely condemned as being insufficiently free and fair.
Hasina was credited for bringing much-needed stability and turning the economy around. But in the last decade her rule was marked by protests against an increasingly authoritarian regime.
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