19 June 2026, 00:00 AM
19 June 2026, 01:47 AM
Star Business Report
The Foreign Investors’ Chamber of Commerce and Industry (FICCI) has welcomed the proposed national budget for offering greater policy predictability and positive signals for investment, while raising concerns over the government’s ambitious revenue target.The chamber said efforts to control inflation, attract foreign direct investment (FDI) and ensure fiscal stability are encouraging. However, it questioned the feasibility of the projected revenue growth amid a slowdown in economic growth.“The projected 40 percent growth in revenue collection compared to actual collection appears highly ambitious, especially when the economy is growing at around 4 percent while the GDP growth target is 6.5 percent,” said FICCI President Rupali Haque Chowdhury at a post-budget briefing at FICCI’s office in Dhaka yesterday.“This remains a concern for us,” she added.
FICCI highlighted competitiveness gaps with regional peers, including higher corporate tax rates and energy constraints, and urged improvements in ease of doing business and stronger infrastructure to attract and retain investment
