In the given context, to seize the opportunity of investment relocation from China, Bangladesh needs to frame a sector-specific investment roadmap with a strategic action plan. The business community argued that high bank borrowing would slow private credit growth, hindering new investment. On the matter of infrastructure development, he invited the private sector to come forward and held out the assurance that the government would facilitate the private sector in this regard. "Our informal sector accounts for 43% of GDP in Bangladesh. Pandemic has caused unemployment of around 39% workers in the informal sector.

Source: Dhaka Tribune July 11, 2020 15:44 UTC