
DHAKA, March 12, 2026 (BSS) - The Federation of Bangladesh Chambers of
Commerce and Industry (FBCCI), the country's apex trade body, today urged the
government to ensure policy continuity and sustain investor confidence in the
upcoming national budget for fiscal year 2026-27 (FY27).
During a pre-budget consultative meeting with its member organisations, the
federation emphasized that a stable and predictable policy framework is vital
for business expansion and economic resilience amid ongoing global
volatility, said a press release.
The federation presented a strategic cluster of macro-level proposals aimed
at stimulating the national economy.
Key recommendations include the rationalization of interest rates, increasing
the tax-GDP ratio, and the full-scale implementation of the One-Stop Service
(OSS).
The FBCCI also advocated for the modernization of port and logistics
management, ensuring an uninterrupted supply of power and energy to
industrial units, and the development of priority sectors to facilitate
export diversification.
Furthermore, the trade body proposed the establishment of central bonded
warehouses and the formulation of stakeholder-oriented legislation to
streamline business operations.
Addressing the session at the FBCCI's Motijheel office, Administrator Md.
Abdur Rahim Khan highlighted the government's strategic target to elevate the
tax-GDP ratio to 15 percent.
He assured the business community that the state intends to achieve this
revenue growth by expanding the tax net rather than increasing the financial
burden on existing taxpayers.
Business leaders at the meeting underscored that the National Board of
Revenue (NBR) must prioritize comprehensive automation and the integration of
tax policy and management.
They argued that such digital transformation is the essential tool required
to ensure transparency and accountability, which will ultimately allow the
government to reach its 15 percent tax-GDP goal without harassing current
permit holders.
These logical recommendations from the private sector are set to be the
centerpiece of the FBCCI's submission at the upcoming 46th consultative
committee meeting of the NBR.
In his welcome remarks, FBCCI Secretary General Md. Alamgir noted that the
budget for FY 2026-27 is being prepared against the backdrop of an unstable
global economy, volatile energy markets, and uncertain investment prospects.
He emphasized that navigating these international hurdles will make budget
formulation particularly challenging for the new government.
He called upon the business community to provide well-reasoned and logical
proposals to assist the government in crafting a balanced fiscal plan.
The discussion was attended by prominent experts and institutional
representatives, including Budget Expert Committee members and former members
of the NBR Farid Uddin and Aminur Rahman.
Former FBCCI directors and leaders from various chambers and trade
associations also participated in the session, contributing their insights to
the collective proposal.
The meeting concluded with a commitment from the FBCCI to continue its role
as a bridge between the private sector and the state to ensure a growth-
oriented national budget.