Despite sustained domestic and international efforts to improve economic and demographic prospects, Bangladesh remains one of the world's poorest, most densely populated, and least developed nations. Its economy is largely agricultural, with the cultivation of rice the single most important activity in the economy. Wajed's Awami League government assumed power in mid-1996, allowing a return to normal economic activity. Progress on other economic reforms has been halting because of opposition from the bureaucracy, public sector unions, and other vested interest groups.
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