Govt working to reduce red tape bureaucracy: CA's special envoy

Lutfey Siddiqi, chief adviser's special envoy on international affairs said that there is bureaucratic red tape in various government departments, the special envoy to the chief adviser also said the interim government is working to reduce these.

He also stated that reform commission for the country's private sector will be formed if the trade bodies want.

"There is no reform commission for the private sector now. If proposals for such a reform commission come from trade bodies, we will discuss it and work with the chief adviser to form one," he said during his speech as the chief guest in a dialogue at the capital's Brac Centre Inn organised by the Centre for Policy Dialogue (CPD) on Sunday (17 November).

During the event, the CPD also revealed a survey conducted during Sheikh Hasina's regime from January to June this year.

According to the survey, nearly 17% of businesses identified corruption as their primary challenge in 2024.

The businesses in the survey mentioned volatility in the exchange rate as the second biggest challenge, followed by inefficient government bureaucracy, inflation and limited access to finance.