Bangladesh loses USD 12–15 billion annually is because of capital flight, which is driven by corruption, uncontrolled labor exports, and trade frauds. Illicit financial transfers for visas, opulent lifestyles, and covert foreign investments are made possible by lax rules and complicit organizations. To counter this drain, experts call for changes, stronger laws, and international cooperation. The country’s progress is still in jeopardy if nothing is done.
Source: Business Inspection BD
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