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Economy / Bangladesh

Violence To Increase Ahead Of Election

May 2006 | Political Risk Analysis

Bangladesh looks set to experience a significant upsurge in political violence, as the January 2007 election approaches. The main reasons are twofold. Firstly, there is increasing public discontent about the rising cost of food and fuel, amid rising international commodity prices, and shortages of electricity and water. As a result of growing pressure from the IMF, World Bank, and ADB, the government is likely to raise domestic fuel prices further (after raising them by 16.7% last September), in order to trim the heavy fuel subsidies bill, and free up money for development projects. However, the likely consequence would be even

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