Bangladesh targets trillion-dollar economy by 2034, finance minister tells parliament
Finance Minister Amir Khosru Mahmud Chowdhury today informed the parliament that the government aims to transform Bangladesh into a trillion‑dollar economy by 2034.
In response to a question from Dhaka-18 MP SM Jahangir Hossain, the minister said the government has prepared an action plan considering investment, employment, economic democratisation, creative economy, sports economy, and other sectors to achieve the milestone of a trillion-dollar economy.
For all latest news, follow The Daily Star's Google News channel. The minister said according to the latest official data published by the Bangladesh Bureau of Statistics, the per capita income in the fiscal year 2024-25 stands at $2,769.
To raise per capita income, the government is simultaneously prioritising employment, investment, production, exports, remittances, skills development, social protection, and macroeconomic stability.
In response to a question from Feni-2 MP Zainal Abdin, the finance minister said that in the context of the Middle East war, the government has taken initiatives to import fuel and LNG from alternative sources to ensure energy security.
“Given the sharp rise in international fuel prices, the government has sought budget support from development partners and adopted various measures for energy savings,” he added.
The minister explained that despite global instability, commodity price pressures, external transaction challenges, weaknesses in the banking sector, and economic disruptions created in the past, the current government has already taken a series of measures to make the economy stronger, more stable, and more dynamic.
Responding to a question from Kushtia-1 MP Reza Ahmed, the finance minister said the government has adopted integrated measures based on stability, reform, investment, employment, social protection, and good governance to accelerate economic development, and will continue to do so in the future.
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