BGCCI calls for stable fiscal policies to strengthen business, investment
Business leaders, tax officials and policymakers discussed the implications of the FY27 national budget and the need for a predictable fiscal regime to attract investment at the seminar.
Highlights
- BGCCI holds seminar on FY27 budget's impact on business and investment.
- German envoy calls for a stable, transparent and business-friendly fiscal environment.
- NBR officials and tax experts discuss budget measures and tax reforms.
- Business leaders stress stronger public-private dialogue to improve the investment climate.
The Bangladesh-German Chamber of Commerce and Industry (BGCCI) yesterday (5 July) hosted a seminar on the FY27 national budget, with business leaders, policymakers and tax officials calling for stable and predictable fiscal policies to boost investment and private sector growth.
The seminar, titled "National Budget 2026–27: Impact on Business, Trade, and Investment", was held at The Westin Dhaka, where participants discussed the budget's key tax measures, customs reforms and their implications for businesses and investors.
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Speaking as the chief guest, Anja Kersten, Chargé d'Affaires a.i. of the German Embassy in Bangladesh, emphasised the importance of maintaining a transparent, predictable and business-friendly fiscal environment to support sustainable economic growth and deepen trade and investment ties between Bangladesh and Germany.
Senior officials from the National Board of Revenue (NBR), including First Secretary (Customs: Policy and ICT) Md Tariq Hassan, First Secretary (VAT Policy) Md Mashiur Rahman and Deputy Commissioner of Taxes Nusrat Farzana, attended the event as special guests.
Snehasish Barua, partner at Snehasish Mahmud and Co, presented the keynote paper, outlining the major fiscal measures proposed in the FY27 budget, including changes to tax, customs and VAT policies, and assessing their potential impact on business, trade and investment.
Moderating the session, BGCCI Senior Vice President Md Farooque Khan highlighted the importance of sustained engagement between the government and the private sector to foster a competitive business environment and support long-term economic growth.
BGCCI President Md Rokonuzzaman said the chamber would continue facilitating dialogue between policymakers and businesses while promoting bilateral trade and investment between Bangladesh and Germany.
The seminar also featured an interactive discussion, with participants exchanging views on taxation, customs procedures, VAT issues and other investment-related concerns with NBR officials and the keynote speaker.
The programme concluded with a vote of thanks from BGCCI Director and event chairman Md Jahangir Alam Sharker, who reiterated the chamber's commitment to strengthening public-private dialogue and supporting sustainable economic development.
