BUILD congratulates the new government and urges economic reforms

BUILD extends its heartfelt congratulations to the newly formed government following the swearing-in of the Prime Minister, the cabinet of ministers, and members of the 13th National Parliament. As the nation enters this new chapter, BUILD emphasises the urgency of addressing the prevailing economic challenges to ensure sustainable growth and private-sector resilience.

The immediate priority for the new administration should be restoring macroeconomic stability. This includes managing inflation, maintaining a stable foreign exchange regime, and improving liquidity in the banking sector. BUILD believes that a stable economic environment is the primary prerequisite for regaining investor confidence and sustaining industrial productivity.

As a PPD platform, BUILD urges the government to accelerate reforms that reduce the cost of doing business. With the upcoming challenges of LDC graduation, BUILD emphasises the need for streamlined trade procedures, rationalised tariff structures, and the removal of regulatory bottlenecks. Attracting both domestic and FDI must remain at the heart of the national economic agenda to create employment and diversify exports.

BUILD calls for targeted policy support for MSMEs. Recognising them as the backbone of the economy, the organisation stresses the importance of simplifying licensing processes and ensuring easier access to finance for small business owners. Formalising the informal sector through digital integration and simplified regulatory compliance is essential for inclusive economic development.

Since 2011, BUILD has served as the secretariat to the Private Sector Development Policy Coordination Committee (PSDPCC) at the Prime Minister’s Office. The organisation remains committed to providing evidence-based research and facilitating structured dialogues between the government and the private sector. BUILD looks forward to working closely with the new government to implement result-oriented policies that address immediate economic hurdles while building a long-term foundation. BUILD is a premier PPD platform of Bangladesh, jointly promoted by the Dhaka Chamber of Commerce and Industry (DCCI), Metropolitan Chamber of Commerce and Industry (MCCI), and Chittagong Chamber of Commerce and Industry (CCCI). It provides research-based support for policy reforms to improve Bangladesh’s investment climate.