Bangladesh will not face a situation like Sri Lanka, PM Hasina

Bangladesh Prime Minister Sheikh Hasina has said her country will not face a situation like the economic crisis in Sri Lanka although her government has sought loans from global agencies amid a fall in its reserves and surging import costs.
In an interview with Reuters partner ANI, aired ahead of her visit to India on Monday, Hasina said that Bangladesh’s economy remained strong despite the impact of COVID-19 and the Russia-Ukraine war.
Bangladesh’s $416 billion economy has been one of the fastest-growing in the world for years but dwindling foreign exchange reserves due to inflated import bills have prompted the government to seek loans from global agencies, including the International Monetary Fund (IMF).