The government will soon find an alternative for cash subsidies on export so that local exporters can remain competitive even after Bangladesh graduates from the list of least developed countries (LDCs) in 2026, according to experts.

Bangladesh needs proper macroeconomic management to avoid middle income trap

Bangladesh and other graduating least-developed countries (LDCs) might not have received a clear-cut extension of the current duty-free trade benefit at the ministerial conference of the World Trade Organization (WTO) that concluded today (June 17, 2022), but their demand was recognised at the declaration.

Puzzling positive developments in our economic indicators, which hardly delineate the real socioeconomic conditions of the people in Bangladesh, are not new phenomena.

There are challenges to the graduation from Least Developed Country (LDC) status for Bangladesh, however there are possibilities as well, Finance Minister Abul Maal Abdul Muhith says.