Bangladesh continued to face a demanding macroeconomic context, shaped by fiscal pressure, sluggish revenue growth, persistent inflation, external risks and rising concerns over banking stability. In this environment, CPD prioritised macroeconomic stability and convened a series of engagements to assess challenges and propose reforms. Through successive IRBD media briefings on the economy and national budget, CPD highlighted widening revenue gaps, growing reliance on high-cost domestic borrowing, a sharp rise in non-performing loans, and the need to strengthen market oversight and energy security. The CPD Budget Dialogue 2025 called for a mid-term review and a more realistic macro framework, while dedicated dialogues on corporate income tax and VAT reform argued for a fairer and more efficient tax system that broadens the base, eases the burden on low-income groups and supports post-LDC transition. CPD also examined the implications of US reciprocal tariffs for export performance and strengthened future policy capacity through the CPD Lecture Series on the Bangladesh Economy for emerging economists.