Govt-NGO-private sector alliance vital for growth

Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Tuesday stressed the need for building strong and institutional partnerships among NGOs, the private sector and the government to address development challenges and ensure sustainable financing.

"Strong and institutional partnerships among NGOs, the private sector and the government are important," he said while addressing a seminar titled "Beyond Foreign Dependence: The Future of NGO Financing in Bangladesh" as the chief guest at the conference room of the Bangladesh Institute of Development Studies (BIDS) in the capital.

The minister called for time-bound measures to ensure sustainable financing for NGOs. The government is working to address various crises emerging in the country and ensure accountability, he said.
"We do not want only to listen; we want to provide an effective response," he continued.

Amir Khosru said Bangladesh needs an integrated framework that combines human development, preservation of local culture and private-sector participation.

He noted that NGOs and other stakeholders already work in various fields, including the creative economy, and stressed the need to give such partnerships a more institutional and policy-oriented framework.

The minister also highlighted the important role of NGOs in delivering government services directly to people at the grassroots level, said a Finance Ministry press release.

He urged the authorities to formulate and implement policies within specific timelines to facilitate sustainable financing for NGOs.�"BSS