DCCI urges Bangladesh govt to defer LDC graduation for 2-3 years
The DCCI has urged Dhaka to defer LDC graduation for at least two to three years considering global and local challenges. An acute shortage of energy in the industrial sector, inflation and steep import duties, high interest rates, procedural complexities in obtaining bank credit and limited access to credit for the private sector still pose a serious challenge to the country's economy, it noted.
The DCCI has urged Dhaka to defer LDC graduation for at least two to three years considering global and local challenges.
An acute shortage of energy in the industrial sector, inflation and steep import duties, high interest rates, procedural complexities in obtaining bank credit and limited access to credit for the private sector still pose a serious challenge to the country's economy, it noted.
