The decision has already triggered sharp debate among economists and international observers about whether the country’s fragile recovery can withstand a perceived weakening of the central bank’s independence. ADVERTISEMENTThe question is no longer simply who runs the central bank. Analysts have warned that without independence, the Bangladesh Bank could struggle to enforce discipline on politically connected borrowers. But such a shift, to be credible, must be executed by a central bank whose independence is unquestioned. Rebuilding that confidence required consistent signalling that monetary policy would not be subordinated to short-term political needs.

Source: The Telegraph March 01, 2026 00:41 UTC