Archive · 1 Dec 2025
Bangladesh's Central Bank Faces Independence Crisis
Bangladesh's central bank, which is supposed to manage the country's money and keep the economy stable, is facing big problems.
The government is interfering too much, and the bank's governor, Ahsan Mansur, has made some questionable decisions.
This has led to high inflation, a weak currency, and people not trusting the bank.
Some people think Mansur is using his position to help his friends and hurt his enemies.
The bank is also not being transparent about its decisions, which is making things worse.
To fix these problems, Bangladesh needs to make sure its central bank is independent and can make decisions based on what's best for the economy, not politics.
Bangladesh Bank's lack of independence has led to persistent inflation and currency instability.
Governor Ahsan Mansur has made controversial decisions, including halting the issuance of currency notes featuring Sheikh Mujibur Rahman.
Mansur has been accused of regulatory bias and conflict of interest in his actions against Nagad, a mobile financial services platform.
Mansur's frequent overseas trips and his daughter's expensive apartment in Dubai have raised questions about his conduct.
The economic consequences of the governance problems at the central bank include high inflation and a high rate of non-performing loans.
- Who
- Bangladesh Bank and its governor, Ahsan Mansur
- What
- Loss of independence and credibility of Bangladesh Bank
- When
- Since the ousting of former Prime Minister Sheikh Hasina in summer 2024
- Where
- Bangladesh
- Why
- Due to political interference and lack of transparency in the central bank's operations
- Central Bank Governor
- Ahsan Mansur
- Inflation Rate
- Double digits for past three years
- Non-Performing Loans
- 24% of all disbursed loans
- Non-Performing Loans in State-Owned Banks
- 45%
- Governor's Overseas Trips
- 9 trips in 9 months
- Governor's Days Abroad
- 65 days in 9 months
- Governor's Days Worked in Office
- 128 days out of 284