In the middle of the Covid-19 pandemic, and exactly 50 years after it became independent, Bangladesh passed a major test. Last year, the United Nations decided to strike the South Asian economy off its list of the world’s least developed nations. In fact, its per capita national income is now higher than that of India next door. Celebrations, however, were interrupted by a rude jolt: A hard-currency shortage serious enough to require a bailout by the International Monetary Fund.
Will the imbalance derail the graduation ceremony, which the UN has set for 2026? More importantly, will it slow down progress