শনিবার, ১৩ জুন ২০২৬, ০১:৩১ পূর্বাহ্ন
DHAKA, June 12, 2026 (BSS) – The Bangladesh Chamber of Industries (BCI) has welcomed the proposed national budget for FY2026-27, describing it as a reform-oriented and business-friendly fiscal plan that could help revive economic activities amid prevailing domestic and global challenges.
In a statement issued today, BCI President Anwar-ul Alam Chowdhury (Parvez) praised the government for introducing structural reform measures in key areas, including the banking sector, taxation system and public financial management.
He said the proposed reforms would have a positive long-term impact on the country’s industrial sector and contribute to economic recovery at a time of global uncertainty, persistent inflationary pressures, energy challenges and sluggish investment.
The BCI president also welcomed the government’s emphasis on developing ten priority sectors, the creative economy and the blue economy, saying these initiatives would help diversify the economy and create new opportunities for sustainable growth.
The chamber appreciated budgetary measures aimed at supporting small and medium enterprises (SMEs), reopening closed industrial units and expanding the tax net, which it believes will strengthen the industrial base and improve revenue collection.
Highlighting the need for export diversification, Chowdhury urged the government to include halal products among the country’s priority export sectors.
He said Bangladesh has significant potential to capture a larger share of the rapidly expanding global halal market due to its production capacity and competitive advantages.
The BCI also lauded the government’s deregulation initiatives aimed at improving the ease of doing business, although it stressed that the success of such measures would depend on effective implementation.
While describing the budget as necessary for meeting the development aspirations of a nation of nearly 190 million people, the chamber noted that implementation capacity remains a major challenge.
To ensure successful execution of the budget, BCI recommended preparing detailed action plans and implementation timelines from the beginning of the fiscal year and ensuring active participation of stakeholders throughout the process.
The chamber expressed hope that the proposed budget would contribute to the overall development of the economy through reforms, export diversification and industrial expansion, provided the announced measures are implemented effectively.
