Bangladesh will not face Sri Lanka-like crisis, says PM


FE Team | Published: April 06, 2022 19:01:37 | Updated: April 07, 2022 09:11:51


-PID Photo

Prime Minister Sheikh Hasina on Wednesday ruled out the possibility of a Sri Lanka-like crisis in Bangladesh, saying that the country’s economy is very strong.

“The base of Bangladesh's economy is very strong. We’re very careful about it,” she said in her valedictory speech in the 17th session of the 11th parliament, reports UNB.

The prime minister came up with the statement referring to the remarks of Deputy Opposition Leader Ghulam Muhammed Quader who suggested that Bangladesh needs to be cautious after the Sri Lankan economic crisis.

Hasina, also the Leader of the House, said Bangladesh remains the 31st largest economy in the world.

She dismissed the fear of Bangladesh falling into any debt trap, saying that the country has always been repaying loans in time after the Awami League formed the government.

“Bangladesh is a country which has never become a defaulter in loan repayment and will not become so in future as well,” she said.

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