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Govt not to raise Bank Interest Rate: FBCCI

FBCCI

Federation of Bangladesh Chambers of Commerce and Industry, FBCCI has desired the government not to raise bank interest rates from the current 9pc amid the nation’s difficult situation.

FBCCI President Md Jashim Uddin Jashim made the statement at the Economic Reporters Forum (ERF) auditorium in Dhaka on Saturday, 5 November.

In order to gain development country status by 2041 and attract more foreign direct investment (FDI), Jashim also wished the government to build a developed tax structure.

“The trouble facing the industry and the economy may deepen if the electricity and gas crisis can’t be overcome soon,” Jashim Uddin said.

Jashim also laid emphasis on building skilled manpower to meet job market demand by reducing the industry and academia gap.

/NR

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