Resurgent Bangladesh, an initiative to help private sector of the country in the context of COVID-19-led economic shocks, was jointly launched today by four leading business organisations and a private sector economic policy think tank. These institutions are Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka Chamber of Commerce and Industry (DCCI), Chittagong Stock Exchange (CSE), Business Initiative Leading Development (BUILD), and Policy Exchange, said a DCCI press release. The initiative seeks to help the overall economic recovery in Bangladesh by systematic assessment, the impact on the private sector and develop recovery strategies from the Covid-19 pandemic for key economic themes; providing organized, evidence-based, and actionable inputs or recommendations to government of Bangladesh for preparation of a national economic recovery strategy; facilitating public-private dialogue on necessary government policy actions for stimulating private sector recovery, including input into the budgetary process and enabling the voices of smaller and individual firms regarding their challenges arising from COVID- 19 and support required. The platform will help stimulate resurgence of private sector dynamism by undertaking analytical, advocacy, and policy dialogue initially in seven particular economic themes which are as follow -manufacturing, services, international trade or exports, SMEs, Financial Sector, private investment, and agriculture.
The work will be undertaken under the guidance of a steering committee comprising Adviser of the Leather Footwear and Goods Manufacturers and Exporters Association Syed Nasim Manzur, MCCI President Nihad Kabir, DCCI President Shams Mahmud, BUILD Chairman Abul Kasem Khan, CSE Chairman Asif Ibrahim and Policy Exchange Chairman Dr MasrurReaz. Policy Exchange will work as the technical secretariat while Deloitte and other several international institutions will provide support as knowledge partners.
