Fuel Crisis Threatens Bangladesh's Reform Plans

Bangladesh's government is spending hundreds of millions of US dollars every month to protect its people from rising fuel prices. The crisis is outside its control. But the cost is growing. Economic growth is slowing, and inflation is rising. The new government's reform plans are now being tested. Prime Minister Tarique Rahman took office in February. He has had little time to fix the country's troubled financial institutions. He also needs to prepare Bangladesh's young, abundant — but underemployed — workforce for the AI era. The fuel crisis has hit citizens hard. It now threatens the reforms the government promised.