Waseqa for robust, efficient financial management to ensure stable economy


FE Team | Published: May 20, 2024 00:02:11


Waseqa for robust, efficient financial management to ensure stable economy

In order to ensure Bangladesh's economic stability and promote sustainable growth, State Minister for Finance Waseqa Ayesha Khan on Sunday called for policy planners, academics and development partners to assist in creating a robust and efficient financial management system for Bangladesh, reports BSS.
While launching the process for creating the Public Financial Management Strategy (PFM) for 2025-2030 in the city, she said that "PFM Strategy comes at a critical juncture for Bangladesh, as we navigate through unprecedented challenges and opportunities in the global economic landscape."
She said adding, "As we confront the far-reaching impacts of the Covid-19 pandemic, it has become increasingly clear that resilient and effective financial management systems are essential for safeguarding our nation's economic stability and fostering sustainable development".
The State minister said, "As we embark on this journey towards formulating the PFM strategy, let us remain steadfast in our commitment to excellence, innovation and collaboration. Together, we have opportunity to shape a future where Bangladesh's financial management systems are not only resilient and efficient but also equitable and inclusive, laying the foundation for sustained prosperity for generation to come."
The inaugural discussion was organised by the Finance Division, Ministry of Finance with support from the World Bank, European Union and Global Affairs Canada. Presided over by Dr. Md. Khairuzzaman Mozumder, Secretary, Finance Division, the meeting was attended by Barnard Haven, Acting Country Director for Bangladesh and Bhutan, the World Bank as the special guest.

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