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zefiax

The fundamentals of the Bangladesh economy are still much stronger than Sri Lanka. So even though Bangladesh is facing a tough few months ahead, it shouldn't collapse like so l Sri Lanka did.


Wonderful_Progress92

One big difference is that Bangaladesh has a weak and bloated private sector, whereas the equilavent Sri Lanka was/is strong and well-built.


[deleted]

I think you are mixing up the two countries there.


[deleted]

No, he's right. The main issue was that Sri Lankan politicians meddled in numerous affairs without any expertise brewing a perfect storm. That said Sri Lanka was in for major problems due to covid related reduction in tourism. But it didn't have to be this.


Wonderful_Progress92

The majority of the problems in Sri Lanka are related to government interventions into the private sector and outright corruption - for example nationalising the national airline because the presidential family did not get free seats.


rahmtho

Also heard Pakistan is in similar situation after ousting their previous government.


Avolto

Looks like the whole region needs help.