Dr. Sheik Moinuddin, Special Assistant to the Chief Adviser, Ministry of Road Transport and Bridges on Thursday highlighted the government’s strategic focus on infrastructure-led development and macroeconomic stability, saying “we need a comprehensive infrastructure plan that addresses our existing assets and future needs. But ultimately, the goal is sustainable economic development. ”
He was addressing a post-budget analysis, organised by the Centre for Macroeconomic Analysis (CMEA) of the Policy Research Institute of Bangladesh (PRI) organized the Monthly Macroeconomic Insights (MMI) - in partnership with the Department of Foreign Affairs and Trade (DFAT) of the Australian Government.
The event brought together eminent economists, policymakers, diplomats, and private sector leaders for an in-depth discussion on the fiscal outlook following the FY2025–26 National Budget.
Dr. Khurshid Alam, Executive Director of PRI delivered opening remarks while the event was chaired by Dr.Zaidi Sattar, Chairman of PRI.
Dr. Zaidi Sattar, Chairman of PRI, and Dr. Ashikur Rahman, Principal Economist at PRI, delivered the keynote presentation.
Dr. Sattar remarked, “No bold trade policy reforms were introduced, missing a critical opportunity to address the challenges of Bangladesh’s upcoming LDC graduation in November 2026 and the USTR’s reciprocal tariff demands.”
He noted, “The budget includes only marginal para-tariff reductions, which are unlikely to drive export diversification. Given the mounting external pressures, strategic and urgent trade reforms are essential. Aligning with USTR requirements could catalyze broader modernization of trade policy. Simultaneously, Bangladesh must expand its revenue base while reducing reliance on trade-based taxes.”
Australian Deputy Head of Mission to Bangladesh, Clinton Pobke, was present as the Special Guest and reiterated Australia’s ongoing support to Bangladesh’s economic development.
“Partnerships built on sound policy dialogue are central to inclusive and resilient growth. Initiatives like PRI’s MMI are vital for informed discourse,” he stated.
The event also featured panel remarks from Ferdaus Ara Begum, Chief Executive Officer, Business Initiative Leading Development (BUILD), and Rizwan Rahman, Former President, Dhaka Chamber of Commerce and Industry (DCCI).