Since Bangladesh’s independence in 1971, the country has undergone a notable economic transformation, transitioning from one of the world's poorest nations to one of the fastest-growing economies. Despite the country's positive performance in development metrics like the Human Development Index (HDI) and the Sustainable Development Goals (SDGs), the external macroeconomic shocks stemming from the pandemic and the Russia-Ukraine conflict have been detrimental to the nation's financial vulnerabilities. In the face of the challenges posed by the pandemic in 2020, Bangladesh managed to achieve a positive growth rate of 3.4 percent, out-performing many developing countries and garnering accolades for the ruling dispensation.