Entrepreneurs Expect Election to Enhance Business Confidence

Economic Tag: Govt.

Business leaders, economists, and professionals emphasize the need for an elected government to restore business confidence, stabilize law and order, and revitalize the investment climate in Bangladesh. They welcomed Chief Adviser Muhammad Yunus’s announcement that general elections would be held by late 2025 or early 2026, contingent on completing vital reforms. The business community insists that these reforms must precede elections to ensure stability. Bangladesh’s economy has been struggling with high inflation, reduced purchasing power, rising interest rates, and slowing private sector credit growth. Key figures like Faruque Hassan and Abdul Hai Sarker stress the importance of completing reforms before elections. The interim government’s measures are seen as crucial for economic recovery, but the business community remains cautious, awaiting the elections’ outcome. The consensus is that free and fair elections, coupled with sustained reforms, are essential for economic stability and growth.

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