At a session styled 'Innovative financing for a self-reliant Bangladesh', planning minister MA Mannan said Bangladesh needs innovations in SMEs and micro-finance considering their importance in rural areas.
"Government intervention is needed in policies and other support in terms of SMEs and micro-finance," he said.
Chairing the event, Mr Mannan said such intervention is needed as the government needs funds to feed the national economy.
Economic relations division secretary Monowar Ahmed presented a keynote on innovative financing for a self-reliant Bangladesh which emphasised non-traditional sources of finance like diaspora funding.
At the Bangladesh Development Forum 2020 session, former secretary Arastoo Khan said the government is stressing the need for alternative investment as a strategy to reduce the resources gap.
Mr Khan said private equity, venture capital and impact investment are now being explored through the alternative investment guideline.
"We're working on the impact investment as it is beneficial to both the people and the planet."
Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) president Nihad Kabir said reforms in investment climate and foreign exchange regulations need to be done to explore new innovative financing opportunities.
The continuation of polices and transparency across the board is also needed to derive benefits from new opportunities, she added.
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