Dhaka, July 1 -- The recent observance of International MSME Day 2025 in Dhaka has underscored the pivotal role that small and medium-sized enterprises (SMEs) play in Bangladesh's economic landscape.

As highlighted by Lutfey Siddiqi, Special Envoy for International Affairs to the Chief Adviser, the government's commitment to supporting young entrepreneurs in the SME sector is not just commendable; it is essential for fostering innovation and sustainable growth.

Our newspaper on Monday reported that with the global economy projected to require 600 million new jobs by 2030, and MSMEs expected to create seven out of every ten of these positions, the urgency for robust support systems cannot be overstated.

Currently, MSMEs account for 90 per...