Dhaka, Jun 29 (V7N) — Prime Minister's Political and Industrial Affairs Adviser and BNP Senior Joint Secretary General Ruhul Kabir Rizvi has stressed the need for increased investment in Bangladesh's agricultural sector, saying it is essential to help reduce inflation and strengthen the country's economy.
He made the remarks while addressing a seminar held at the 3D Hall of the Krishibid Institution Bangladesh (KIB) in Khamarbari, Dhaka, on Monday afternoon.
Rizvi said the current budget allocation for agriculture could not be considered sufficient in the context of rising inflation, although he acknowledged that the government had set an appropriate target for the sector.
"It cannot be said that the allocation for the agricultural sector has been increased in line with inflation. However, we have set the right target," he said.
Emphasizing the importance of long-term planning, Rizvi said Bangladesh must continue implementing comprehensive agricultural transformation initiatives without interruption. He added that further increasing budgetary support for agriculture would unlock greater potential and contribute to sustainable economic growth.
The BNP leader also highlighted the importance of improving the marketing and supply chain of agricultural products to boost exports.
"If we strengthen the marketing process of our agricultural products, exports will increase," he said.
To support that objective, Rizvi called for wider use of modern agricultural preservation and storage technologies, saying improved post-harvest management would reduce losses and enhance the competitiveness of Bangladeshi agricultural products in both domestic and international markets.
END/SMA/AJ
