Major Investment Essential to Revive Fragile Economy, Says Finance Minister

Speaking at a post-budget discussion on Wednesday morning, April 29, 2026, the Minister stated that despite the adverse global conditions, the government is presenting a substantial budget aimed at achieving an economic turnaround. The meeting, organized by the FBCCI, the country’s apex trade body, served as a platform for the Minister to outline the nation's current financial realities.

The Finance Minister revealed that the ongoing instability in the Middle East and the global energy crisis have forced Bangladesh to spend an additional $3 billion on fuel imports. To manage this unforeseen expenditure and the fragile state of the economy, Bangladesh has formally requested a two-year "cushion" or grace period from the International Monetary Fund (IMF) and the World Bank. He further noted that the current administration inherited an extremely delicate banking sector and stock market. Efforts are now underway to eliminate all bureaucratic hurdles to improve the business environment and restore investor confidence.

Regarding the export sector, Amir Khosru Mahmud Chowdhury asserted that other promising sectors will be granted equal opportunities and facilities alongside the ready-made garment (RMG) industry to boost national export earnings. The government plans to prioritize agricultural products, ICT, and the leather industry. Assuring the business community, he stated that policy support and transparency would be ensured to increase the flow of private sector investment. During the meeting, prominent business leaders from the FBCCI presented their feedback and proposals on various aspects of the proposed budget.