Bangladesh hopes green means go

Despite political tensions and violent protests, measures taken by the country's central bank should support future growth.

Like Thailand, Bangladesh is suffering from prolonged political unrest and subdued economic activity.

For a time earlier this year it seemed Moody’s Investor Service might downgrade the country's credit rating due to the ongoing tensions on the ground, although in the end it held off from doing so.

Opposition party-led strikes have weighed on the economy, prompting the International Monetary Fund in March to clip its growth forecast for the fiscal year to June-end to 6% from 6.4%. The Bangladeshi government had been targeting a 7.3% growth rate.

And as Bangladeshi exports, investment, and growth have turned down, so non-performing loans have risen...

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