FBCCI plans to discuss liquidity crisis, interest rate with BB

FT ONLINE

The Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) plans to sit with Bangladesh Bank (BB) to discuss issues such as liquidity crisis and high rate of interest.

Although the schedule for such discussion has not been fixed yet, FBCCI wants to meet with the BB governor as soon as possible as the issues, according to the apex trade body, are hurting both businesses and investment.

“Bangladesh has to overcome many challenges once it graduates from LDC”, said FBCCI president Shafiul Islam Mohiuddin while speaking at a programme over post-LDC challenges of Bangladesh.

"Bank liquidity and rate of interest are the two things that are hurting businesses and investment here. So, we will meet BB governor soon to discuss these issues,' he added.