Finance and Planning Minister Amir Khosru Mahmud Chowdhury has announced significant reforms for the country’s economy and capital markets, promising a “revolutionary transformation” ahead. Speaking to the press upon his arrival at Shah Amanat International Airport in Chattogram, Khosru expressed the government’s commitment to moving away from favoritism in politics and implementing reforms to rebuild trust in the economy and stock market.
Khosru stated that there would be a groundbreaking shift in the country’s economy and stock market in the near future. He also revealed that the upcoming national budget would depart from traditional norms, indicating a departure from previous budgetary approaches.
The minister mentioned that the government has devised various strategies to recover funds that have been diverted overseas and underscored the importance of focusing on economic advancement. Addressing the pressing issue of job creation, Khosru highlighted that generating employment is currently the foremost challenge facing the nation.
Furthermore, Khosru emphasized the development of Chattogram as a pivotal trade center in Bangladesh, emphasizing the significance of increased investments and modernization of port operations in the region. He stressed that Chattogram’s progress is synonymous with the nation’s development, with a strong emphasis on promoting employment opportunities and attracting investments.
Plans are in place to enhance port infrastructure, foster an investment-friendly climate, and position Chattogram as a key regional and international trade hub. The minister outlined specific attention to be given to port modernization, infrastructure enhancements, and streamlining investment processes.
Later in the day, Khosru convened a meeting with port users at his residence in Mehedibag, where he directed relevant authorities to ensure that activities associated with the Chittagong Port Authority do not lead to inflation, particularly during Ramadan. He acknowledged that certain port-related factors were contributing to price hikes, which consumers were bearing, and assured that the government would address these issues through coordinated efforts among ministries.
Participants at the meeting advocated for setting port tariffs at reasonable levels to mitigate price escalations.
