Dhaka, July 26 -- Finance Advisor Dr. Salehuddin Ahmed stated that Bangladesh's banking sector requires an estimated US$35 billion for its reconstruction.

He noted that the International Monetary Fund (IMF) had initially estimated $18 billion, but the current assessment suggests double that amount is now needed.

Dr. Ahmed made these remarks on Saturday (July 26) at the CIRDAP auditorium in Dhaka, during the launching ceremony of the book 'Economy, Governance, and Power: An Account of Lived Life,' authored by Dr. Hossain Zillur Rahman, who also chaired the event.

Dr. Salehuddin highlighted the severity of the economic crisis, stating that when the new government took office last August, such an economic disaster was unprecedented global...