Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the government to adopt an investment- and business-friendly budget to help the country navigate its upcoming graduation from Least Developed Country (LDC) status in November 2026 and ongoing global economic volatility.
“We hope the government will earnestly prepare an industry- and investment-friendly budget to meet these emerging challenges,” said FBCCI Administrator Md Hafizur Rahman at a consultative committee meeting jointly hosted by the National Board of Revenue (NBR) and the FBCCI at Pan Pacific Sonargaon Dhaka.
This annual meeting allows businesses to raise concerns and offer suggestions for the next fiscal year’s tax framework. During the event, business leaders stressed the need to rebuild confidence through supportive policies, ensure a steady supply of gas and electricity, and broaden the tax base to boost revenue.
Industrialists, including Meghna Group’s Mostafa Kamal, highlighted critical infrastructure gaps, especially the lack of gas and electricity despite large investments. Others, like BTMA President Showkat Aziz Russel, cited bureaucratic hurdles and corruption in customs procedures.
FBCCI also emphasized reducing economic inequality, stabilizing prices of essentials, and enhancing employment through strategic budgetary actions. Rahman acknowledged the government’s recent initiatives to bring discipline to the banking and financial sectors.
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