Welcoming the decision to choose Dr Mohammad Yunus as the head of the interim government, International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman has said Bangladesh's private sector will work hand in hand with the interim government to rebuild the country's economy.

“The main driving force in the country's economy is the private sector, so the government must take special initiatives to develop this sector,” he told reporters in a statement on Wednesday on the current situation in Bangladesh and the role of businesses.

Rahman said they heartily congratulate the anti-discrimination students for achieving this historic victory through an unprecedented movement.

“This movement was accelerated by the solidarity of the teaching community and common people,” he added.

 The ICCB expressed condolences for the death of hundreds of students, children and innocent people. “I call for martyrdom status for those killed in the violence and compensation for their families,” Rahman said.

He said to provide proper treatment to the injured and to rehabilitate those who are crippled. “Bring the law and order situation under control at the earliest. Adopting safety measures to ensure production and supply chain of all factories.”

In addition to the loss of life and property in the last 1 month, all kinds of business and trade have been damaged, although the economy has been weakened due to long-term looting, so everyone should take the initiative to fix it through discussion on how to turn around.

“A strong role must be played to strengthen the economy including the banking sector of Bangladesh. All efforts to earn foreign exchange should be continued and intensified,” Rahman said, adding that necessary measures need to be taken to bring the inflation to a bearable level.