Grand rally of businessmen over political violence on Apr 20

Last updated: April 10, 2013
Dhaka, Bangladesh (BBN) - The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will arrange a mass gathering of business leaders from all parts of the country in the capital on April 20 seeking their opinions on the ongoing political crisis.
"After the grand rally, we'll take our next course of action regarding the issue as turmoil has started affecting the businesses seriously," FBCCI President Kazi Akram Uddin Ahmed said at a views exchange meeting with top media personalities in Dhaka onTuesday.
He said the country loses BDT 20 billion a day due to hartal. This is about 0.12 percent of the GDP. Garment manufacturers alone accounts for BDT 3.60 billion loss.
The FBCCI President said he is worried over likely failure to achieve the revenue collection target for the ongoing fiscal year. 
The government fixed revenue collection target at BDT 1.39 trillion, which is around 13 percent of the GDP.
Earlier, the media representatives urged the country's business leaders to put pressure on both ruling and opposition parties to find a way out to the ongoing political turmoil.
Terming the business community as the driving force of the economy, they said businesses must act beyond their political affiliation for the betterment of the economy.
 
BBN/SSR/AD-10Apr13-10:02 am (BST)  
Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram