Dhaka 14 October, 2026

Prime Minister Calls for Austerity amid Global Crisis

Rtv News

Publish : 16 Apr 2026, 07:27 PM
Collected Photo

Prime Minister Tarique Rahman on Thursday urged the people of Bangladesh not to be worried about the global crisis sparked by the ongoing war in the Middle East, though he called for nationwide restraint and a move toward austerity.

Speaking at the 'Independence Award 2026' ceremony at the Osmani Memorial Auditorium, the Prime Minister advised citizens to avoid extravagance in both state functions and personal family spending to navigate the current economic climate.

"Even amid the global war situation, we are trying to keep everything normal. Although fuel prices, including diesel, have been increased in all countries across the world, the current government has not raised prices in order to avoid public suffering," he stated.

He further explained that the government is spending "hundreds of crores of taka every day in subsidies in the fuel and energy sector to maintain stability and keep the situation normal."

Reflecting on the domestic situation, the Prime Minister emphasized that his administration is committed to public welfare, asserting that "this is a government of people and accountable to them."

He noted that the new BNP-led government began its tenure facing a "fragile economy weakened by corruption and mismanagement," as well as a deteriorating law and order situation.

Read More

Consequently, he observed that restoring peace through strictly controlling corruption and improving security remains a top priority.

Addressing the nation's demographics, he noted that Bangladesh possesses a large working-age population and acknowledged that "creating employment opportunities for this group is one of the major challenges at present."

The ceremony served as the platform for the Prime Minister to confer the nation's highest civilian honor on 15 individuals—including former Prime Minister Begum Khaleda Zia—and five institutions.

He recalled that the award was originally introduced in 1977 by BNP founder and former President Ziaur Rahman.

The event, moderated by Cabinet Secretary Nasimul Ghani, was attended by a high-profile audience including the Prime Minister’s spouse Dr. Zubaida Rahman, daughter Barrister Zaima Rahman, and Begum Khaleda Zia’s sister Selima Islam.

Also in attendance were Local Government Minister Mirza Fakhrul Islam Alamgir, Home Minister Salahuddin Ahmed, Leader of the Opposition Shafiqur Rahman and various diplomats and military chiefs.

The award, which recognizes outstanding national contributions, continues to be the hallmark of Bangladeshi civic recognition.

Follow google news channel to get RTV news Google News
Dhaka Conveys Solidarity to Riyadh over Houthi Attacks, Saudi Arabia Assures ICJ Support
Permanent Representative of Bangladesh to the OIC, Ambassador MJH Jabed, on Tuesday held a meeting with the newly appointed Permanent Representative of the Kingdom of Saudi Arabia to the OIC, Ambassador Khalid Bin Ismaeel Bin Badawi Bin Hussain Al Sharif, to discuss the upcoming 52nd Council of Foreign Ministers (CFM) conference scheduled to take place in Baghdad. 
Dhaka Conveys Solidarity to Riyadh over Houthi Attacks, Saudi Arabia Assures ICJ Support
Saudi Envoy Calls on State Minister Shama Obaed, Ties and Repatriation Discussed
Dr. Abdullah bin Zafer Abiyah, Ambassador of Saudi Arabia to Bangladesh, paid a courtesy call on State Minister for Foreign Affairs Shama Obaed Islam on Tuesday.
Saudi Envoy Calls on State Minister Shama Obaed, Ties and Repatriation Discussed
Netherlands Interested in Teesta Feasibility Study, PM Welcomes Support
Prime Minister Tarique Rahman on Tuesday welcomed the interest expressed by the Netherlands government in conducting a feasibility study for the Teesta project alongside providing technical assistance and expert guidance for its execution.
Netherlands Interested in Teesta Feasibility Study, PM Welcomes Support
President Urges Urban Planning, Early Action to Tackle Disaster Risks
President Mirza Fakhrul Islam Alamgir on Tuesday stressed the critical necessity of advanced readiness alongside comprehensive urban planning to effectively counter and manage disaster threats.
President Urges Urban Planning, Early Action to Tackle Disaster Risks
Around 10,000 BGB Personnel to be Deployed Across Country for Durga Puja Security
Around 10,000 members of Border Guard Bangladesh (BGB) will be deployed across the country from October 16 to 22 to ensure security during Sharadiya Durga Puja, the main religious festival of the Hindu community.
Around 10,000 BGB Personnel to be Deployed Across Country for Durga Puja Security
Read More
IMF, Pakistan Reach Tentative $1.21 Billion Bailout Deal
Oil Rises and Stocks Fall as Hormuz Worries Flare
Iran Rejects US Military Options, Demands End to Sanctions to Reopen Hormuz Strait
US-led Troops Exit Iraq: What's Next for Pro-Iran Groups?