Bangladesh Garment Workers Struggle After Uprising Fallout
The recent uprising in Bangladesh, which led to the toppling of Sheikh Hasina’s government in 2024, has sent shockwaves throughout the country’s economy, particularly in the garment sector. This industry, which has been the backbone of Bangladesh’s economy for decades, is now facing deep distress. The aftermath of the uprising has resulted in the closure of over 240 factories, leaving thousands of workers, including Sabina Khatun, without a job.
The garment sector in Bangladesh has been a significant contributor to the country’s GDP, accounting for approximately 80% of the country’s total exports. However, the current situation has led to a sharp decline in exports, with many factories shutting down due to the unstable political environment and the subsequent economic downturn. The closure of these factories has not only affected the workers but also had a ripple effect on the entire economy.
Sabina Khatun, a 30-year-old garment worker, is one of the many workers who have been left jobless due to the factory closures. She had been working in a garment factory in Dhaka for over five years, earning a modest income that supported her family. However, with the closure of her factory, Sabina is now struggling to make ends meet. “I have been applying to different factories, but no one is hiring. I am worried about my family’s future,” she said.
The economic situation in Bangladesh is becoming increasingly dire. While the economy shows mild recovery, unemployment is rising, exports are weak, and inflation persists. The government’s efforts to revive the economy have been hindered by the ongoing political instability, which has made it challenging to attract foreign investment. The situation is further complicated by the fact that many international buyers have canceled their orders due to the uncertainty surrounding the country’s political future.
The upcoming elections on February 12 are seen as a crucial step towards restoring stability and reviving the economy. Many workers, including Sabina, are pinning their hopes on the elections, hoping that a new government will be able to address the current economic crisis and create a more favorable environment for businesses to thrive. “We need a stable government that can create jobs and ensure that factories are running smoothly. We are tired of living in uncertainty,” Sabina said.
The garment sector is not the only industry that has been affected by the economic downturn. Other sectors, such as textiles and agriculture, have also been impacted. The decline in exports has resulted in a significant reduction in foreign exchange earnings, which has put pressure on the country’s currency. The taka has depreciated significantly against the US dollar, making imports more expensive and contributing to higher inflation.
The situation is further complicated by the fact that many workers have migrated to urban areas in search of employment, putting a strain on the already limited resources. The lack of job opportunities has led to an increase in poverty, with many families struggling to access basic necessities like food and healthcare.
In an effort to address the current economic crisis, the government has announced several measures, including a stimulus package to support the garment sector. The package includes incentives for factories to reopen and hire workers, as well as support for small and medium-sized enterprises. However, the effectiveness of these measures remains to be seen, and many workers are skeptical about the government’s ability to deliver on its promises.
As the country prepares for the upcoming elections, many workers are hoping that the new government will prioritize the revival of the garment sector and address the pressing issues facing the economy. The elections are seen as an opportunity for the country to start anew and create a more stable and prosperous future for all Bangladeshis.
In conclusion, the garment sector in Bangladesh is facing deep distress after the 2024 uprising. The closure of over 240 factories has left thousands of workers, including Sabina Khatun, without a job. The economic situation in Bangladesh is becoming increasingly dire, with rising unemployment, weak exports, and persistent inflation. The upcoming elections on February 12 are seen as a crucial step towards restoring stability and reviving the economy. Many workers are pinning their hopes on the elections, hoping that a new government will be able to address the current economic crisis and create a more favorable environment for businesses to thrive.