“There might be a political instability over the caretaker government system this year. It’s a matter of concern for the business and the overall economy,” he said at a press conference at DCCI conference room.
He said the business community expects the political parties reach a consensus over the national and economic issues since political instability will impede trade and commerce in the country.
Replying to a question about the opposition’s road march, Asif Ibrahim said, “As an alternative to hartal this is good.”
He said the business community does not support any political movement that hampers economic activities in the country.
Asif observed the pace of foreign investment slowed down and the foreign investors do not consider economic indicators of the country as investment-friendly one.
“Lack of infrastructure, bureaucratic tangles, and political instability are the reasons behind this,” he said adding that the volume of foreign investment remains below US$ 1 billion for long days.
DCCI senior vice president Haider Ahmed Khan and directors of the chamber body, business leaders were present at the press conference.
News:UNB, Sun, 08/01/2012
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