Bangladesh government has officially announced the formation of the first ever public-private business forum titled 'Bangladesh Better Business Forum' (BBBF). The aim is to improve interaction between the business community and the government high-ups.
Chief Adviser Fakhruddin Ahmed heads as chairperson of the BBBF, which will have a secretariat attached with the Board of Investment (BoI) under the supervision of the Chief Adviser’s Office. The Chief Adviser’s Office issued a notification on Sunday declaring the formation of the BBBF. According to the notification it is essential to maintain 'favorable and suitable relations' between the government and private sector considering the current economic and trade situations. The notification also stated that it was necessary to set up such forum to achieve sustainable economic growth, especially in the interest of maintaining an investment and business-friendly atmosphere in the country.
Zahurul Alam has more on the story.