Dhaka, April 30 -- Finance Minister Amir Khosru Mahmud Chowdhury has warned that a series of "unpopular decisions" might be required over the next two years to lift Bangladesh out of its economic crisis.

Addressing the parliament on Thursday during the discussion on the thanksgiving motion for the president's speech, the minister painted a grim picture of the nation's financial health, bracing the public for a period of significant austerity and reform.

"The next two years will be difficult. We will have to endure hardship," Khosru told the House.

"The government will need to take several steps and decisions that may not be popular, but are essential to navigate this crisis."

His remarks come as the new BNP-led government grapples wit...