Bangladesh’s economy continues to make progress, and is looking to cement its new status as a middle-income country.
Writing in leading magazine, World Finance, Commerzbank’s Alexander Rost, Regional Head Indian Subcontinent & ASEAN, suggests that, to achieve this, a diversified economy is essential. This will require expanding new industries, reducing Bangladesh’s traditional overdependence on the textile industry, and improving its national infrastructure.
Rost argues that a strong financial sector can help mitigate risks to Bangladesh’s trade, and support its sustainable integration into the wider world economy.
The article can be read within the magazine here.