Bangladesh Calls for Fair Global Financial Architecture and Sustainable LDC Graduation at UN FfD Forum

News24USA.Com Desk, New York – Bangladesh called for urgent global action to bridge the widening SDG financing gap and to establish a fair, inclusive and responsive international financial system.
At the General debate in ECOSOC Financing for Development Forum 2026 held at the UN Headquarters in New York today, Bangladesh’s Permanent Representative Ambassador Salahuddin Noman Chowdhury underscored that geopolitical conflicts, declining ODA, climate shocks, trade barriers and energy uncertainties were shrinking the policy space for developing countries. In this context, Bangladesh had sought an extension of its LDC graduation preparatory period to ensure a smooth and sustainable transition.
The Permanent Representative also highlighted the country’s progress in political and economic recovery with the government focusing on macroeconomic stability, rebuilding business confidence, strengthening the banking sector, promoting investment, and expanding direct support to vulnerable people.
Stressing the need to lower debt costs, avoid inefficient infrastructure-related debt, and channel FDI into productive, job-creating sectors with technology transfer, Ambassador Chowdhury called for a more representative global financial system, climate justice, action on loss and damage, and the return of stolen assets to their rightful owner. Press Release
Photo credit : Press Wing, Permanent Mission of Bangladesh to the United Nations.