Finance Minister Amir Khasru Mahmud Chowdhury on Tuesday assured that Bangladesh’s financial and economic institutions would operate free from political interference, emphasising professionalism, transparency and efficiency in all activities.
Speaking at the inauguration ceremony of the Bangladesh Startup Investment Company (BSIC) at a hotel in Dhaka, the minister said the government would refrain from political appointments in financial institutions.
“The institutions will function independently and professionally, without political influence,” he stated.
He also noted that the initial capital of BSIC would be expanded gradually as the initiative grows. According to him, the new company is not merely an investment platform but a broader effort to strengthen and promote Bangladesh’s startup ecosystem.
Highlighting the difficulties faced by young entrepreneurs, the finance minister said lack of access to finance and inability to provide collateral remain the biggest challenges for startups.
“This initiative removes those barriers. Investment decisions will be made through a transparent and professional process,” he added.
Amir Khasru also said that the project aligns with the government’s broader economic vision, particularly its commitment to creating employment opportunities for one crore people by harnessing the country’s demographic dividend.
He further stressed the importance of the creative economy and said both rural and urban youth would be encouraged to participate in mainstream economic activities.
Referring to ongoing reforms, the minister said Bangladesh is currently undergoing major changes in the financial sector, including capital market reforms and deregulation measures.
He added that experienced professionals have already been appointed to key advisory roles in the investment and capital market sectors, while both local and international investment management firms are collaborating with the government.
The finance minister also mentioned efforts to address under-capitalisation in the banking and private sectors.
Expressing optimism about the future of the initiative, he said BSIC would attract not only local banking investments but also foreign venture capital firms interested in Bangladesh’s growing startup landscape.
He assured full policy support from the Ministry of Finance to ensure the venture’s success.
BSIC Chairman Masrur Arefin presided over the function.
Bangladesh Bank Governor Md Mostakur Rahman and BAB Chairman AH Sarkar, among others, were also present there.
