The report, released on Tuesday, highlights the constraints faced by promising small and medium enterprises (SMEs) and how these barriers are stifling growth. The findings were presented on the second day of the Bangladesh Investment Development Authority’s (BIDA) investment summit, during a session jointly organised with the World Bank Group. Martin Holtmann, IFC’s country manager for Bangladesh, Bhutan, and Nepal, unveiled the report titled Country Private Sector Diagnostic (CPSD). The report suggests that if Bangladesh carries out urgent reforms in four targeted sectors, it could attract significant investment and generate hundreds of thousands of jobs. In the digital financial services sector, reforms could yield between 96,000 and 460,000 new jobs, it said.

Source: bd News24 April 08, 2025 15:41 UTC