Bangladesh's next budget will be encouraging for private sector

Bangladeshi Finance Minister Abul Hassan Mahmood Ali said that the upcoming national budget would be encouraging for the private sector and hoped that the economic growth momentum would continue towards achieving the growth targets.  

The minister said this yesterday while addressing the "DCCI Pre-budget discussion: private sector perspective" as the chief guest organized by Dhaka Chamber of Commerce & Industry (DCCI) at a city hotel in Dhaka.

The minister informed that the government would consider all the rational recommendations from the private sector.  

Mentioning that the private sector is playing a key role in the development of the country, he said the government is firmly committed to facilitate the private sector so that they can do their businesses in a hassle-free manner.

He said that the government has taken various policy measures including market monitoring for which inflation would come down soon.

Ali also informed that the government would positively consider necessary policy reforms in the next budget. "Moreover, long-term strategy, skills development, support to import substitute industry, export diversification, internal resource mobilization and employment generation will get priority in the next budget,"

The Finance Minister also said that this government is a pro-business government and any rational recommendation from the private sector would be considered.