Bangladesh seeks fair global finance, smooth LDC graduation

BSS
Published On: 24 Apr 2026, 12:43
Bangladesh's Permanent Representative to the United Nations Salahuddin Noman Chowdhury speaks during the general debate of the ECOSOC Financing for Development Forum 2026 held at the UN Headquarters on Thursday. Photo: Permanent Mission of Bangladesh to the United Nations

DHAKA, April 24, 2026 (BSS) - Bangladesh has called for urgent global action to narrow the widening SDG financing gap and build a fair, inclusive financial system while seeking a smooth and sustainable graduation from LDC status.

The call was made by Bangladesh Permanent Representative to the UN Salahuddin Noman Chowdhury while speaking at the general debate of the United Nations Economic and Social Council (ECOSOC) Financing for Development Forum 2026 at the UN Headquarters in New York on Thursday, said a press release received here today.

Chowdhury said geopolitical conflicts, falling official development assistance, climate shocks, trade barriers and energy uncertainties were shrinking the policy space for developing countries.

In this context, he said Bangladesh sought an extension of its LDC graduation preparatory period to ensure a smooth and sustainable transition. 

The envoy also highlighted the country's progress in political and economic recovery, saying the government was focusing on maintaining macroeconomic stability, restoring business confidence, strengthening the banking sector, promoting investment and expanding direct support for vulnerable people.

Stressing the need to reduce debt servicing costs and avoid inefficient infrastructure-related debt, he called for directing foreign direct investment into productive and job-creating sectors alongside technology transfer.

Chowdhury further urged a more representative global financial system, climate justice, effective action on loss and damage, and the return of stolen assets to their rightful owners.

  • Latest
  • Most Viewed
Norway to ban social media for under-16s
Russian drone strike kills Ukrainian pensioners in their home
Russia says foiled bomb plot against telecoms officials amid online curbs
China calls US accusations of AI technology theft 'baseless'
3 tonnes of fertiliser seized in Rajshahi
Bangladesh seeks fair global finance, smooth LDC graduation
National Nutrition Week observed with community engagement in Naogaon
Govt moves to expedite digitisation of Bangladesh Film Archive
Heatwave sweeping over country
RUET's new hall to open soon
১০