Finance Minister Amir Khasru Mahmud Chowdhury has emphasized the need for complete transparency and accountability in Bangladesh’s financial sector to ensure economic stability and sustainable growth. Speaking on Wednesday at the FAR Summit held at the Pan Pacific Sonargaon Hotel in Dhaka, organized by the Financial Reporting Council (FRC) with ICAB and ICMAB, he said that trustworthy financial reporting is essential to regain investor confidence in the capital market.

He noted that the country’s economy had faced instability in recent years due to ineffective regulatory and supervisory bodies, which allowed weak companies to enter the stock market through false reporting. The minister called for institutional reforms and urged professional accountants to uphold integrity and adopt self-regulation. He also highlighted new global investment interest in Bangladesh, mentioning plans to launch dedicated funds in Hong Kong and London and introduce domestic bonds.

Chowdhury appealed to all stakeholders in the capital market, NBR, and financial sector reforms to work together in building a globally compliant financial ecosystem based on transparency and accountability.