Kazi Rafiqul Alam, managing director of Trust Group, has described the proposed national budget for FY27 as a forward-looking and investment-friendly budget that can help accelerate private sector growth, entrepreneurship, and employment generation in Bangladesh.
In his reaction to the budget, Rafiqul Alam said the government’s emphasis on encouraging private investment, industrial expansion, and economic stability sends a positive signal to local and foreign investors at a crucial time for the country’s economy.
“The proposed budget reflects a strong intention to stimulate private sector participation and create a more business-friendly environment. If implemented effectively, these measures can support industrial growth, attract investment, and create employment opportunities for the country’s growing youth population,” he said.
He also appreciated the focus on infrastructure development, digital transformation, and support for emerging industries, noting that such initiatives could help businesses become more competitive in both local and international markets.
According to him, sectors such as education, technology, agriculture, aviation, and SMEs stand to benefit significantly if policy continuity and implementation remain strong.
“The budget has the potential to strengthen investor confidence and encourage entrepreneurs to expand operations. Bangladesh now needs efficient execution, policy consistency, and easier access to financing so that businesses can contribute more effectively to national economic growth,” he added.
Rafiqul Alam further said that the country’s young entrepreneurs and startup ecosystem could play a major role in driving the next phase of economic progress if provided with adequate institutional and financial support.
He expressed optimism that the proposed fiscal measures would help maintain economic momentum, enhance productivity, and position Bangladesh as an increasingly attractive destination for investment and innovation in the region.
