A high-level delegation from the International Monetary Fund (IMF) held a meeting on Wednesday (5 November, 2025) with BGMEA President Mahmud Hasan Khan at the BGMEA Complex in Dhaka to review the current state of Bangladesh’s garment industry and its macroeconomic implications.
Senior Vice President Inamul Haq Khan, Vice President Rezwan Selim, Vice President Vidiya Amrit Khan, and Directors Faruque Hassan, Nafis-ud-Doula, Mojumdar Arifur Rahman and Dr. Rashid Ahmed Hossaini were also present during the meeting.
The IMF delegation comprised Senior Economists Qiaoe Chen and Ruifeng Zhang, and Economist Ayah Said.
During the discussion, the BGMEA leadership presented an extensive overview of the present scenario of Bangladesh’s ready-made garment (RMG) sector, including its opportunities, vulnerabilities, and preparedness for future challenges. The meeting focused on assessing the sector’s contribution to Bangladesh’s overall macroeconomic stability.
A number of critical issues came under discussion, particularly the potential impact of proposed U.S. tariffs on Bangladesh’s garment exports, the implications of the country’s forthcoming graduation from Least Developed Country (LDC) status, strategies to ensure sustainable industry growth, diversification into higher-value products, and the broader effects of global economic uncertainties.
