Contribution to Nation

Mousumi Islam played a central role in the inclusion of Medical Equipment and Devices in the National Industrial Policy of 2022, and the designation of the industry as a Priority Sector. Earlier, the sector was lumped together with pharmaceutical product manufacturing in the policy, which did not adequately serve the unique interests of the industry. Ms. Islam and her research team worked diligently to develop and support the government in formulating a policy that was appropriate and tailored for the industry. Thus, the inclusion was made in close collaboration with the Bangladesh Investment Development Authority (BIDA) and the Ministry of Industries, marking an important milestone for the sector.

The medical equipment sector used to rely heavily on imports, but is transforming into a burgeoning domestic industry as a result of the changed policy.

The expertise and insights of Ms. Islam have made her a sought-after voice in matters of national importance like the National Budget and Monetary Policy. She collaborated with leading practitioners in financial and monetary fields to conduct in-depth analyses and offered valuable inputs for the economic growth and development of the country.