The International Business Forum of Bangladesh (IBFB) has described the proposed National Budget for FY 2026-27 as a positive and pragmatic roadmap for economic recovery, investment expansion, employment generation, and long-term structural reforms as stated in the Press Release.
At a press conference titled “Proposed Budget 2026-27: Expectations and Outcomes” held today 18 June, 2026 at the National Press Club, Dhaka. IBFB President, Ms. Lutfunnisa Saudia Khan stated that the budget’s focus on investment, industrialization, SME development, support for women and young entrepreneurs, expansion of the digital economy, increased use of renewable energy, and enhancement of the tax-free income threshold sends a positive signal for business and employment.
She added that successful implementation of these initiatives would help attract domestic and foreign investment, create new employment opportunities, and accelerate economic growth. However, she also emphasized the need for effective measures to address challenges such as ambitious revenue targets, inflationary pressure, weaknesses in the banking sector, and implementation capacity constraints.
IBFB reiterated its recommendations for full digitalization of tax administration, structural reform of the National Board of Revenue (NBR), ease of doing business, expansion of SME financing, attraction of foreign investment, development of the capital market, and ensuring policy continuity.
The press conference was attended by former IBFB President, Mr. Humayun Rashid, Life Member of IBFB and former Chairman of NBR, Dr. Muhammad Abdul Mazid, IBFB Director Mr. M.S. Siddiqui and Vice President of IBFB Engr. Utpal Kumar Das. Responding to a journalist’s question, Dr. Abdul Mazid emphasized that policy continuity and predictability are essential for maintaining an investment-friendly environment and ensuring long-term economic stability.
IBFB believes that with effective implementation, good governance, and necessary reforms, the FY 2026-27 Budget will strengthen the foundation for economic growth, increased investment, and sustainable development in Bangladesh.
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