Commerce Minister Khandaker Abdul Muktadir has emphasized that strengthening debt management and expanding the tax base are the most urgent needs in Bangladesh’s current economic reality. Speaking on Sunday, April 5, 2026, at the closing session of the National Multistakeholder Consultation on Bangladesh Graduation Readiness Assessment at the Planning Commission’s NEC conference room, he said the government is determined to meet public expectations and take effective measures to overcome ongoing challenges.

The minister acknowledged that Bangladesh is facing a difficult economic situation requiring well-planned initiatives to maintain order and stability. He noted that some large projects in the past were undertaken without adequate planning, increasing debt pressure and raising questions about costs and implementation. He urged careful management of existing loans and more prudent selection of future projects to ensure sustainable development.

On taxation, Muktadir said the country’s tax-to-GDP ratio remains unsatisfactory and should be improved by expanding the tax net rather than raising rates. He added that enhancing domestic resource mobilization would strengthen debt repayment capacity and support sustainable development efforts.