The International Business Forum of Bangladesh (IBFB) has described the proposed National Budget for FY2026β"27 as a positive and pragmatic roadmap for economic recovery, investment expansion, employment generation, and long-term structural reforms.
At a press conference titled βProposed Budget 2026β"27: Expectations and Outcomesβ held at the National Press Club in Dhaka on Thursday, IBFB President Lutfunnisa Saudia Khan said the budget's focus on investment, industrialisation, SME development, support for women and young entrepreneurs, expansion of the digital economy, greater use of renewable energy, and an increased tax-free income threshold sends a positive signal for business and employment.
She said successful implementation of these initiatives would help attract both domestic and foreign investment, create new jobs, and accelerate economic growth. However, she also stressed the need for effective measures to address challenges such as ambitious revenue targets, inflationary pressures, weaknesses in the banking sector, and limited implementation capacity.
IBFB reiterated its recommendations for the full digitalisation of tax administration, structural reforms of the National Board of Revenue (NBR), improvements in the ease of doing business, expansion of SME financing, attraction of foreign investment, development of the capital market, and ensuring policy continuity.
