Finance Adviser Salehuddin Ahmed said short-term reform should be undertaken to pave the way for future generations to prosper.
"We are here for one to one and a half years to instigate reforms. Our stay will not be prolonged," Ahmed remarked, adding that they aim to "leave a path for others to advance along," he said event held at the Ministry of Foreign Affairs on Sunday (5 January).
The adviser expressed a desire to set a positive precedent during their tenure.
"We have not come to stay for long. Our objective is to create a pathway that the next generation can follow to propel Bangladesh forward."
Highlighting the multifaceted relationship with Saudi Arabia, Dr Salehuddin Ahmed acknowledged the nation's significance in trade and economic considerations.
He noted, "Many countries are urging us to embrace free trade. We are preparing for this transition. However, the challenges we face in the realm of trade are substantial. The government alone cannot surmount these challenges; the private sector’s assistance is crucial."
Referring to past governmental actions, Dr Salehuddin Ahmed criticised the treatment of foreign companies.
"During the previous government’s tenure, South Korea’s Samsung and Saudi’s Aramco were expelled from the airport."
Commenting on the stock market, the adviser voiced concerns over market anomalies.
"Many companies are investing in the stock market. However, it is concerning that the share prices of certain companies are rising despite their factories being shut down. Measures must be taken to address this."
Foreign Secretary Md Jashim Uddin, Eastern Foreign Secretary Md Nazrul Islam, and Policy Exchange Chairman Masrur Riaz also delivered speeches at the event.