After protests led to the ousting of Prime Minister Sheikh Hasina in Bangladesh, clothing and textile factories reopened to resume their production, which is crucial for the country’s economy. The factories, supplying major Western brands like Zara and H&M, had to stop operations temporarily due to a curfew imposed during the unrest.
Despite the four-day disruption, minimal damage was reported, and industry officials are optimistic about a quick recovery. The garment sector plays a significant role in Bangladesh’s economy, accounting for 90% of national exports valued at 55 billion dollars annually.
According to the International Monetary Fund, the industry is expected to continue its growth and cover a large portion of the country’s export earnings in the coming years. Last year, Bangladesh ranked as the world’s third-largest clothing exporter behind China and the EU.
As the factories resume operations, the country anticipates a return to normalcy and a boost in its export figures. The reopening of these factories marks a positive step towards economic recovery and stability in Bangladesh.
E.Dz.
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