The Daily Corporate Desk
Dhaka, 20 September 2026: Comprehensive reforms to the global financial architecture are needed to ensure affordable, predictable and vulnerability-sensitive financing for developing countries, particularly those facing greater economic and structural challenges.
The call was made at the Leaders’ Dialogue on ‘Leading SDG Action’ during the 2026 SDG Moment, convened by the UN Secretary-General at the UN General Assembly Hall in New York.
Speaking at the session, Rashed Al Mahmud Titumir, adviser to the Prime Minister on Finance and Planning, stressed the need for a global financial system that not only finances development but also creates the conditions for sustaining it.
He outlined five priorities for reforming the international financial architecture, particularly multilateral development banks. These include shifting from crisis response to anticipating vulnerabilities, strengthening the voice of vulnerable countries in international financial institutions, and ensuring longer-term, lower-cost and predictable financing.
He also called for international financing to be aligned with national development strategies through coordinated, multi-year support, alongside flexible transition assistance and preferential arrangements for countries graduating from the least developed country (LDC) category, including Bangladesh.
Titumir highlighted Bangladesh’s SDG Village initiative as an integrated, community-led approach to translating the Sustainable Development Goals into tangible improvements at the local level, according to a press release from the Permanent Mission of Bangladesh to the United Nations.
The dialogue also featured representatives from the European Commission, Benin and Panama, while Sherwin Bryce-Pease of the South African Broadcasting Corporation moderated the discussion .
