Stable Climate Key to Boosting Investment: Jamaat Chief

Jamaat-e-Islami Ameer Dr Shafiqur Rahman

Jamaat-e-Islami Ameer Dr Shafiqur Rahman on Saturday said a stable political and social environment is the foremost requirement for attracting both foreign and domestic investment in Bangladesh.

Speaking at the third session of the Bangladesh Economic Summit 2025 in Dhaka, he said investors remain hesitant despite advantages such as low labour costs, tax exemptions and profit guarantees, as they lack confidence in overall security and stability.

Dr Shafiqur, who presided over the session titled “Fairness in the Economy”, said many countries are willing to invest in Bangladesh once a peaceful climate is restored. However, entrepreneurs also want corruption-free government services, arguing that corruption remains a major obstacle to investment and economic progress.

Criticising the current tax structure, he said both rich and poor contribute to revenue, noting, “Even a beggar pays tax when he buys something from a shop. A newborn also pays tax when someone purchases a product for the child.” He added that a non–citizen-friendly tax system often leaves people vulnerable to harassment by tax officials.

He stressed that the economy cannot move forward without fairness and equal opportunities, which requires competent and honest professionals across all service sectors.

Calling for education reform, Dr Shafiqur urged a shift from “certificate-based learning to work- and skill-based education.” He highlighted that the burden of repaying foreign loans falls on citizens of all ages, underscoring the need for an economic system built on equity.

He said inequality, corruption and poor planning prevent Bangladesh’s human resources from becoming a true national asset, pointing specifically to brain drain as skilled Bangladeshis seek recognition abroad.

The Jamaat chief outlined three priorities for national progress: a reformed education system that produces skilled manpower, strong measures against corruption, and justice for all. Ensuring these, he said, would stabilise society and allow the country to move forward, but real change requires firm commitment.

Former senior secretary Md Shafiullah also presented Jamaat’s financial sector plans should the party form the next government.