Friday, 21 February 2025

South Asian Update
South Asian Update

South Asia

Bangladesh calls for reforms in global financial system

 Update: 12:11, 12 February 2025

Bangladesh calls for reforms in global financial system

Bangladesh has urged the international community to reform the global financial system and strengthen technological support to meet essential social development needs.

Ambassador Salahuddin Noman Chowdhury, the country's permanent representative to the United Nations, emphasized these points during his address at the 63rd session of the Commission for Social Development (CSocD63) at the UN Headquarters in New York.
He highlighted the importance of international collaboration in closing existing gaps and promoting sustainable, inclusive development.
In his speech, the ambassador outlined Bangladesh's key national initiatives under the current interim government, led by Muhammad Yunus, reaffirming the nation's commitment to policies that foster social progress.
He also underscored the government's priorities, which include poverty eradication, addressing unemployment, and cutting net carbon emissions. Despite financial constraints, Bangladesh is implementing various climate change adaptation and mitigation programs.
Furthermore, he called for stronger global commitments in areas such as financial assistance, technology transfer, and capacity-building to ensure a more equitable and resilient future.
The 63rd session of the Commission for Social Development (CSocD63) is being held at the UN Headquarters in New York from February 10 to 14. Bangladesh is actively participating as a member of the commission for the 2023-2027 term.

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