Business Desk :
Reforms only in paper will not help improving ease of doing business condition in the country rather we need effective and need based reforms to attract investments, said Kazi M Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA) at a dialogue on ease of doing business report organized jointly by Dhaka Chamber of Commerce & Industry (DCCI) and Business Initiative Leading Development (BUILD) at DCCI Auditorium on 3 January, 2019. He was present as chief guest at the function.
Kazi M Aminul Islam also said we should focus on those policy reforms which will directly impact ease of doing business improvement. He said that there are so many indicators where Bangladesh is doing good but not reflected in the World Bank Ease of Doing Business Report. He suggested forming a special task force comprising of core people engaged with this ease of doing business reform process. He also said that we want to transform our economy from labor-based to knowledge-based and technology-based economy. He said that all the concerned ministry of the government should have their priority task list for improving business climate and all the ministry should work in a coordinated manner for better result.
Senior Private Sector Specialist, World Bank Group Shihab Ansari Azhar presented the keynote paper. He highlighted the example of India in ease of doing business index. He said that in order to enhance the position in the index, support and commitment from the top level are must. An empowered and strong reform coordinator is also necessary, he said. Moreover clear targets and clear visions to be set for the success.
DCCI President Osama Taseer said fiscal and monetary policies assessment and forecast need to be coordinated so that these policies support each other in ensuring macroeconomic stability and growth. He also urged for business deregulation, financial sector reforms, tax rate reduction and simplification, major legal reforms, improvement need to be brought under reform agenda.
Reforms only in paper will not help improving ease of doing business condition in the country rather we need effective and need based reforms to attract investments, said Kazi M Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA) at a dialogue on ease of doing business report organized jointly by Dhaka Chamber of Commerce & Industry (DCCI) and Business Initiative Leading Development (BUILD) at DCCI Auditorium on 3 January, 2019. He was present as chief guest at the function.
Kazi M Aminul Islam also said we should focus on those policy reforms which will directly impact ease of doing business improvement. He said that there are so many indicators where Bangladesh is doing good but not reflected in the World Bank Ease of Doing Business Report. He suggested forming a special task force comprising of core people engaged with this ease of doing business reform process. He also said that we want to transform our economy from labor-based to knowledge-based and technology-based economy. He said that all the concerned ministry of the government should have their priority task list for improving business climate and all the ministry should work in a coordinated manner for better result.
Senior Private Sector Specialist, World Bank Group Shihab Ansari Azhar presented the keynote paper. He highlighted the example of India in ease of doing business index. He said that in order to enhance the position in the index, support and commitment from the top level are must. An empowered and strong reform coordinator is also necessary, he said. Moreover clear targets and clear visions to be set for the success.
DCCI President Osama Taseer said fiscal and monetary policies assessment and forecast need to be coordinated so that these policies support each other in ensuring macroeconomic stability and growth. He also urged for business deregulation, financial sector reforms, tax rate reduction and simplification, major legal reforms, improvement need to be brought under reform agenda.
