Finance Minister Amir Khosru Mahmud Chowdhury. File Photo

DHAKA, May 12, 2026 (BSS) - Finance Minister Amir Khosru Mahmud Chowdhury today said there will be no political interference in the financial sector and related economic sectors, assuring that all institutions would operate on a fully professional basis without political appointments or influence.

"The government's political influence or appointments will not work here. These institutions will be run professionally with full transparency and efficiency," he said while addressing the inauguration of the "Bangladesh Startup Investment Company (BSIC)" at a function held at a city hotel here today.

The finance minister said the amount of capital with which the Bangladesh Startup Investment Company has started its journey would be increased further in the future.

He described the initiative not only as an investment institution but also as a platform to make the country's overall startup ecosystem more visible, said a Finance Ministry press release.

Highlighting the challenges faced by young entrepreneurs, Amir Khosru said the two major problems confronting the youth are lack of funding and inability to provide collateral.

"Through this initiative, these two barriers have been removed. The investment decision-making process here will be fully transparent, efficient and professional," he added.

The minister said the initiative is directly linked to the government's political manifesto and its goal of creating employment opportunities for one crore people by utilizing the country's demographic dividend.

He said special emphasis would be placed on the creative economy to bring both rural and urban youths into the mainstream economy.

Referring to reforms in the financial sector, the finance minister said the country is currently going through a challenging period and the government is moving towards capital market reforms and serious deregulation.

He said skilled professionals have already been appointed as advisers in the investment and capital market sectors, while large domestic and international investment management firms and development partners are working with the government.

"We are also working to overcome the under-capitalization of the country's banking and private sectors," he said.

Expressing optimism, Amir Khosru said the startup company would not remain confined only to banking sector investments but would also encourage international venture capital firms to invest in Bangladesh.

He assured that the Ministry of Finance would provide all necessary policy support for the success of the project.

The finance minister said a number of banks in the country have jointly taken the venture capital initiative, which would open up a new horizon in Bangladesh's economy.

BSIC Chairman Masrur Arefin presided over the function which was also addressed by Bangladesh Bank Governor Md. Mostakur Rahman and BAB Chairman A H Sarkar, among others.