Economic Reporter :
An international consultancy firm working with the country’s apex trade body has suggested reforming the regulatory landscape governing the activities of the private sector in Bangladesh to accelerate its growth here.
Scott H Jacobs, Managing Director of Jacobs, Cordova and Associates (JCA), a Washington, DC-based consultancy firm, disclosed the assessment at an institutional dialogue titled Synopsis of Regulatory Impact Analysis (RIA) Training to Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) at a city hotel on Thursday.
The report of a five-day long training program for FBCCI’s Capacity Building organized by FBCCI in association with International Finance Corporation (IFC) was published at today’s program.
London-based Pricewaterhouse Coopers, one of the “Big 4” global auditing firms and JCA provided the technical support at the training programme.
FBCCI Acting President Md. Muntakim Ashraf chaired the program attended by former FBCCI presidents, vice presidents and directors, Ali Zafar, Senior Economist of IFC, and Mamun Rashid, Managing Partner of PWC, Bangladesh.
FBCCI Acting President Md Muntakim Ashraf in his speech emphasized the importance of clear and transparent alignment of policies to the higher growth trajectory of Bangladesh as a middle income country.
Scott Jacobs in his presentation emphasized regulatory reforms for the private sector of Bangladesh.
“Bangladesh can be benefited by good regulatory practices,” he hoped.
He added that Bangladesh will reap very long rewards by moving towards the good regularity practices accepted globally. The government must meet some challenges by adopting RIA and modern consultation. “So you can set the stage by pushing better regulations in individual rules,” Jacobs said, before concluding.
Certificates were then distributed among the participants of the training course.
An international consultancy firm working with the country’s apex trade body has suggested reforming the regulatory landscape governing the activities of the private sector in Bangladesh to accelerate its growth here.
Scott H Jacobs, Managing Director of Jacobs, Cordova and Associates (JCA), a Washington, DC-based consultancy firm, disclosed the assessment at an institutional dialogue titled Synopsis of Regulatory Impact Analysis (RIA) Training to Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) at a city hotel on Thursday.
The report of a five-day long training program for FBCCI’s Capacity Building organized by FBCCI in association with International Finance Corporation (IFC) was published at today’s program.
London-based Pricewaterhouse Coopers, one of the “Big 4” global auditing firms and JCA provided the technical support at the training programme.
FBCCI Acting President Md. Muntakim Ashraf chaired the program attended by former FBCCI presidents, vice presidents and directors, Ali Zafar, Senior Economist of IFC, and Mamun Rashid, Managing Partner of PWC, Bangladesh.
FBCCI Acting President Md Muntakim Ashraf in his speech emphasized the importance of clear and transparent alignment of policies to the higher growth trajectory of Bangladesh as a middle income country.
Scott Jacobs in his presentation emphasized regulatory reforms for the private sector of Bangladesh.
“Bangladesh can be benefited by good regulatory practices,” he hoped.
He added that Bangladesh will reap very long rewards by moving towards the good regularity practices accepted globally. The government must meet some challenges by adopting RIA and modern consultation. “So you can set the stage by pushing better regulations in individual rules,” Jacobs said, before concluding.
Certificates were then distributed among the participants of the training course.
