B Mirror Report: Finance Minister Amir Khosru Mahmud Chowdhury informed Parliament that the government has adopted a specific, comprehensive, and coordinated plan to restore stability, rebuild confidence, and gradually strengthen the country’s fragile financial sector.

Responding to a starred question from BNP lawmaker Mohammed Fakrul Islam (Noakhali-5) in the House today, the minister said an integrated set of strategies covering monetary policy, fiscal policy, exchange rate management, and a medium-term macroeconomic framework has already been approved at a Coordination Council meeting held on April 10, 2026.

He said the framework outlines policy directions for the fiscal years 2026–27 to 2028–29.

Khosru noted that the government is prioritizing macroeconomic stability to reduce vulnerabilities in the financial sector. “As part of this effort, the policy interest rate has been maintained at 10 percent to contain inflation. Food inflation, which stood at 14.10 percent in July 2024, has declined significantly to 8.24 percent in March 2026,” he added.

The minister further said a market-based exchange rate system is currently in operation. He added that foreign exchange reserves have risen to US$34.87 billion as of April 15, 2026, while reserves calculated under the IMF’s BPM-6 methodology stand at US$30.20 billion.

To support distressed productive and financial activities, he said Bangladesh Bank has introduced special support measures. “The central bank has also taken initiatives to ease pressure on businesses caused by currency depreciation,” he said.

Highlighting reforms in the capital market, the minister said restoring transparency and investors’ confidence remains a top priority. In this regard, he mentioned plans to establish a Capital Market Reform Commission, strengthen bond and equity markets, introduce blockchain technology, launch an investment gateway for expatriates, and enhance legal and administrative protections for investors.

Khosru added that, to ensure sustainable recovery, the government has set medium-term targets for key macroeconomic indicators, including inflation, broad money supply (M2), and private sector credit growth, in line with projected economic growth.

“The government believes that such a coordinated policy framework will help restore discipline, confidence, and effective financing mechanisms in the financial sector,” the minister told the House.