The Foreign Investors’ Chamber of Commerce and Industry (FICCI) has urged the government to implement stable and predictable fiscal policies to strengthen Bangladesh’s investment climate and foster sustainable economic growth.

The call was made during a high-level luncheon meeting titled “Conducive Fiscal Policy for a Better Investment Climate,” held at a city hotel on Sunday. The event brought together policymakers, economists, business leaders, and members of the diplomatic community.

In his keynote address, Dr. M. Masrur Reaz, Founder and Chairman of Policy Exchange Bangladesh, identified tax policy and administration as primary concerns for investors.

He noted that high corporate tax rates, lengthy compliance processes, policy unpredictability, and frequent mid-year changes continue to create significant uncertainty in the business environment.

A panel discussion, moderated by PwC Country Managing Partner Shams Zaman, featured experts from the World Bank, Asian Development Bank (ADB), Centre for Policy Dialogue (CPD), and Business Initiative Leading Development (BUILD).

The panelists emphasized that while Bangladesh offers immense potential, addressing administrative fragmentation and simplifying dispute resolution are essential to remaining competitive globally.

They stressed that a transparent and automated tax system would not only increase government revenue but also reduce the cost of doing business.

FICCI Executive Director TIM Nurul Kabir reiterated the chamber's commitment to working with the government to create an investment-friendly environment.

He noted that FICCI’s 210 member companies currently contribute around 30 percent of the government's internal revenue and represent more than 90 percent of the inward Foreign Direct Investment (FDI) in Bangladesh.

The chamber concluded by highlighting that a predictable fiscal outlook is the most critical factor in attracting long-term foreign capital and ensuring the country's economic stability.