Election schedule ends uncertainty: BKMEA chief Hatem

The announcement of the election schedule starting 12 February has cleared the uncertainty surrounding the upcoming national polls, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) President Mohammad Hatem said today (11 December).

In an immediate reaction to the CEC AMM Nasir Uddin's televised announcement, he told The Business Standard that holding the election is essential for the stability of the country's economy and business environment.

"When we speak with foreign investors or buyers about doing business in Bangladesh, the first thing they ask is that the election must take place first. We have also tried to discuss policy matters with the current government at various times, but it appears that they are not keen on engaging with the business community on policy issues," he added.

He noted that a democratically elected government can make policy decisions more effectively, taking into account the country's socio-economic context.

13th national election, referendum on 12 February; CEC urges voters to vote fearlessly

Hatem further said, "Such a government gives importance to stakeholders' opinions in policy-making, which is currently lacking. At present, economic activity and investment in the country are stagnant.

"Once an elected government is in place, this situation will improve. They will implement policy measures to boost the economy, investment, and employment."

The BKMEA chief also highlighted concerns regarding the country's LDC graduation and the post-graduation phase.

He further said, "The current government is not taking any decisions on these issues. We hope a political government will provide clear guidelines. Political parties should also present short-, medium-, and long-term plans."

The public should know what a party intends to do in the first year, within two years, and over the next three years. After forming the government, they should act according to their promises."