News Flash
SANGSAD BHABAN, April 6, 2026 (BSS) - The government has taken a series of comprehensive measures to strengthen and make the country's fragile economy more dynamic in the face of global recessionary pressure caused by the ongoing global instability.
Finance Minister Amir Khasru Mahmud Chowdhury said this in Parliament in response to a starred tabled question from BNP lawmaker Joynal Abedin (Feni-2), regarding steps taken to strengthen the economy amid global economic challenges and the fragile economic situation left by the previous government.
With Deputy Speaker Barrister Kayser Kamal in the chair, he said the present government assumed office facing multiple economic challenges, including global instability, rising commodity prices, pressure on foreign transactions, weaknesses in the banking sector and various economic irregularities created in the past.
Despite these challenges, Khasru said the government has already taken and is implementing a set of measures to make the economy stronger, stable and dynamic.
He said that in the context of Middle East tensions, the government has taken initiatives to ensure energy security by importing fuel oil and LNG from alternative sources and securing budget support from development partners to manage rising global energy prices and promote energy-saving measures.
The government is prioritizing strengthening the economic foundation, reducing public sufferings, increasing investment and employment, restoring discipline in the banking sector, and ensuring transparency and accountability in public financial management, the Finance Minister added.
Key measures taken and underway include:
Inflation control and macroeconomic stability:
The government is maintaining supply of essential commodities, managing food imports and stock, strengthening market monitoring, and adopting supportive fiscal and monetary measures to reduce inflation and protect purchasing power.
Strengthening the external sector:
Steps are being taken to increase remittance and export earnings, discourage unnecessary imports, strengthen foreign exchange reserves, and stabilize the exchange rate to reduce external sector pressure and build confidence in the economy.
Reforms in banking and financial sector:
Measures have been taken to reduce irregularities, identify weak banks, protect depositors, strengthen loan recovery, and restore discipline and confidence in the banking system while improving accountability.
Revenue growth and tax reform:
The government is simplifying the tax system, expanding the tax net, increasing use of technology in revenue collection, reducing tax evasion, and modernizing the system to enhance development financing capacity.
Social protection for low-income people:
To protect low-income groups from inflation, social safety net programmes have been strengthened. Under a pilot programme, 37,814 women in 14 areas are receiving Tk 2,500 per month through G2P method, and initially 5 million poor families will be brought under the programme in phases.
Investment and employment generation:
The government is working to create an investment-friendly environment, reduce business complexities, encourage private sector growth, expand industry and service sectors, and engage youth in economic activities.
Transparency in public financial management:
Technology-based monitoring of government expenditure is being strengthened to reduce unnecessary spending and improve accountability and efficiency in public fund utilization.
Food, agriculture and energy security:
The government is ensuring food supply, agricultural production, fertilizer and fuel availability, providing necessary subsidies, and developing domestic energy sources, alongside introducing agricultural cards.
Long-term structural reforms:
The government is focusing on governance, institutional capacity building, export diversification, foreign investment attraction, sustainable development, and climate-resilient financing to build a strong and inclusive economy.
Khasru said the government will continue coordinated efforts to address both global and domestic economic challenges and build a stable, transparent and sustainable economic system for the future.
