Mentioning that the Bangladesh economy is a private sector-led one, State Minister for Finance and Planning MA Mannan on Sunday said the business policy will be reformed following consultations with the stakeholders concerned.
The junior minister came up with the remarks while addressing the ‘Impact Bangladesh Forum 2017’ jointly arranged by Dhaka Chamber of Commerce & Industry (DCCI) and United Nations Development Programme (UNDP) at a city hotel.
“For more economic development, we need regional connectivity as we have advancement in technology and education,” said Mannan.
FBCCI President Md Shafiul Islam Mohiuddin was present as a special gust at the programme while CPD distinguished fellow Dr Debapriya Bhattacharya and senior economist and programme manager of the World Bank Group Dr Masrur Reaz were, among others, present.
Underscoring the need for enacting a business-friendly policy, the FBCCI President said Bangladesh witnessed US$ 34.65 billion export earnings in 2016-17 fiscal year.
Debapriya Bhattacharya said an internal institutional framework is needed to be built where the private sector stakeholders will be able to share advocacy with the policymakers of the government to finalise the policies for the country’s economic development.
There can be a monitoring committee to look after the implementation of the decisions made by the government, Bhattacharya added.