Bangladesh’s Finance Ministry has set a target to increase the country’s foreign exchange reserves to 41.01 billion dollars by the 2026–27 fiscal year. The goal is outlined in the ministry’s Medium-Term Budget Framework (MTBF) for the upcoming fiscal year. According to the document, reserves stood at 46.39 billion dollars in 2020–21 but declined to 26.90 billion in 2023–24 before stabilizing at 31.17 billion dollars by the end of 2024–25.

The MTBF projects further growth in reserves over the medium term, forecasting 50.62 billion dollars in 2027–28 and 62.64 billion dollars in 2028–29. The document notes that by 2026–27, the reserves would be sufficient to cover about 5.4 months of import expenses, approaching the internationally accepted adequacy level of six months.

These projections are based on expectations of strong remittance inflows, export growth, and prudent management of external borrowing, according to the Finance Ministry’s framework.