“This is a relief from the finance ministry and the Bangladesh Bank for entrepreneurs. We have long been advocating for lessening cost of doing businesses in our country. We welcome the move,” the top trade body’s President Sheikh Fazle Fahim said in a statement on Tuesday. The FBCCI expressed gratitude to Prime Minister Sheikh Hasina for the lending rate cut. He also urged Finance Minister AHM Mustafa Kamal to sit with the stakeholders to “re-examine overall banking operational models to minimise unproductive expenditures”.

Source: bd News24 February 25, 2020 23:26 UTC