In Bangladesh, the interim government has failed to tackle the country’s law and order situation, business leaders said on Saturday. It will be difficult to maintain the economy if the situation does not improve soon, they expressed concerns at a business conference organised by the Dhaka Chamber of Commerce and Industry (DCCI) at a hotel in Dhaka, writes the Business Standard (TBS), a leading business daily of Bangladesh.
The government is trying to rebuild the institutions which were destroyed over the years, Selim RF Hossain, managing director of Brac Bank, said on the occasion. However, he stated that the government has failed to handle the law and order situation.
Hossain called on the government to fix the situation promptly. He warned that otherwise, it would be very, very difficult to pick up the economy, writes TBS.
Speaking at the programme, Incepta Pharmaceuticals Chairman Abdul Muktadir Rahman said, “The law and order situation has declined sharply. Nothing can be more important than this now.” He called on the government to fix a timeline to fix the situation, writes TBS.
“To reduce business costs and sustain industrial productivity the government must ensure uninterrupted gas and electricity supply while improving law enforcement,” said DCCI President Ashraf Ahmed. He also called for tax administration reforms, business process automation, and lower interest rates to support the private sector, especially small and medium enterprises, reports United News of Bangladesh (UNB).
