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Budget missing guidance on economic stability

Moreover, the political commitment to bring massive reforms to the energy, banking and port sectors was also ignored.

Solutions not offered

How far have fiscal measures promoted industrialisation?

Fiscal Measures for Industrialization in Bangladesh: The government is likely to extend tax exemptions for the information technology sector for three more years as the current phase of concessions ends on June 30.

Business environment worsens for sluggish reforms

Measured on a scale of 0-100, the index fell to 58.75 last year from 61.95 in 2022, according to the BBX 2023-24 launched yesterday by the Metropolitan Chamber of Commerce and Industry (MCCI) and the Policy Exchange Bangladesh (PEB). This is the third edition of the BBX.

Only 10% of planned economic zones get off the ground in a decade

Delays in Bangladesh Economic Zone Projects: Only 10 economic zones (EZs) have become operational since the Bangladesh Economic Zones Authority (Beza) rolled out its massive industrialisation plan in 2015, raising questions about whether its goal of setting up 100 enclaves will be materialised on time.