Dhaka: Finance Minister Amir Khosru Mahmud Chowdhury emphasized the necessity of robust internet connectivity and a "one citizen-one wallet" system to achieve sustainable development and integrate marginalized communities into the economic mainstream. During a group dialogue titled "Financial Inclusion 2.0," organized by the Power and Participation Research Centre (PPRC) at a hotel in the capital, Chowdhury outlined the critical role of digital and financial inclusion in fostering sustainable growth.
According to Bangladesh Sangbad Sangstha, the Finance Minister highlighted that strong digital infrastructure coupled with artificial intelligence could drive sustainable development. Chowdhury remarked on the importance of uninterrupted and high-speed internet connectivity in maintaining the momentum of the digital economy and realizing the full benefits of digital finance.
Chowdhury revealed government initiatives targeting marginalized producers and artisans through the "One Village, One Product" program, aiming to integrate them into digital payment and banking systems. He noted the production of affordable smartphones within the country, priced between Tk 4,000 to Tk 5,000, which facilitates access to technology for farmers and ordinary citizens. This technological access enables farmers to retrieve essential information related to weather, fertilizer needs, and market prices.
Further, the minister discussed the introduction of banking services for Family Cards, Farmer Cards, and allowances for religious leaders as a means of advancing financial inclusion. He also underscored the significance of ensuring cybersecurity and implementing policy safeguards to prevent stagnation in innovation amidst rapid technological advancements.
The dialogue, moderated by Dr. Hossain Zillur Rahman, was attended by leaders from various banks, insurance companies, and financial institutions.