Govt to unveil 3R strategy for economic recovery

The government is going to unveil a 3R strategy to revive the economy and achieve its goal of becoming a $1 trillion economy.

The 3R strategy comprises Recovery & Stabilisation, Restoration, and Reconstruction for Acceleration. The government aims to implement the plan in three stages.

The first stage involves economic recovery and will be implemented within one year. The restoration programme will be implemented over one to three years. 

The third phase consists of economic reconstruction programmes, which will be implemented over five years to achieve 8.5 percent economic growth by 2030-31.

The Bangladesh economy regained pace and grew by 4.14 percent in the outgoing fiscal year, according to provisional data from the Bangladesh Bureau of Statistics.

Finance Minister Amir Khosru Mahmud Chowdhury is expected to announce the 3R strategy during the presentation of the budget for fiscal year 2026-27 in the Parliament today.