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Business reforms for job creation

2009 Public-Private Dialogue Workshop2009 Public-Private Dialogue Workshop

29 April 2009, Vienna, Austria29 April 2009, Vienna, AustriaBusiness Friendly

Bangladesh

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Jan ’07- State of emergency declared Low business confidence Regulatory uncertainty and bureaucratic bottlenecks

The need for Public Private Dialogue

Largest barriers to business: infrastructure, access to land, skills mismatch (WBG’s Investment Climate report 2008)

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The BBBF serves as a platform for sustained and focused dialogue between the public & private sectors, so that, together,

they can provide practical actionable solutions to business issues

Enter the BBBF…

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BBBF Structure

Working GroupsSecretariats

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Formed on 25 November, 2007 41 Members (20 public, 21 private)

Chairperson: Honorable Prime Minister

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6 BBBF Sessions, 46 Sessions of the 5 working groups

290 Recommendations proposed, 209 approved 94 implemented, 115 under implementation, 73 pending.

BBBF Progress

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ICT Task Force reinstated to determine national ICT Policy. Internet Bandwidth costs reduced. Reduced import duty for capital machinery, intermediate goods and

raw materials. National Skills Development Council (NSDC) formed as apex body

for all Skills Development initiatives in Bangladesh. Company Name Clearance in 3 days, Registration 14 days, Trade

License in 3 days, Environmental Clearance Certificate in 30 days, TIN Certificate within 24 hours

NGO assistance in SME loan distribution & recovery. 99 SME Service Centres approved to provide easy access to loans

and banking services for SMEs.

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BBBF: Future AgendaBBBF: Future Agenda

Continuation of BBBF under new government

Evaluate pending BBBF recommendations on a expedited basis

Enhance communication programme: broader engagement Public-Private Dialogues at District levels

Improve Government “Interface” with Business. .

Accelerate the pace of reforms: Investment Climate, Regulatory Reform

Strengthen results-based Monitoring and Evaluation of approved BBBF.