Last Updated on April 6, 2026 9:40 pm by INDIAN AWAAZ

Zakir Hossain from Dhaka

Bangladesh has set an ambitious target of becoming a $1 trillion economy by 2034, Finance Minister Amir Khosru Mahmud Chowdhury informed Parliament on Monday.

Responding to a question from Dhaka-18 MP Jahangir Hossain, the minister said the government has already drawn up a comprehensive action plan focusing on investment, employment, economic democratisation, creative industries, sports economy and other sectors to achieve the milestone. He cited the latest data from the Bangladesh Bureau of Statistics, stating that per capita income stood at $2,769 in the fiscal year 2024–25.

To further raise income levels, the government is prioritising employment generation, investment, production, exports, remittances, skills development, social protection and macroeconomic stability, he said.

Addressing another query from Feni-2 MP Zainal Abdin, the minister said the government has taken steps to import fuel and LNG from alternative sources in light of the ongoing Middle East conflict 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.

Despite global instability, commodity price pressures, external transaction challenges, banking sector weaknesses and past economic disruptions, the government has already initiated measures to make the economy “stronger, more stable, and more dynamic,” he said.

Replying to a question from Kushtia-1 MP Reza Ahmed, the minister said integrated steps based on stability, reform, investment, employment, social protection and good governance are being implemented to accelerate economic growth and will continue in the future.