Dhaka, June 3 -- The Dhaka Chamber of Commerce and Industry (DCCI) and the Foreign Investors' Chamber of Commerce and Industry (FICCI) have praised some budget initiatives, but have remained largely unconvinced by its overall framework.

The DCCI has said the fiscal plan for 2025-26 is "not sufficiently supportive" of an enabling environment for business and investment.

The FICCI, meanwhile, has warned that some of the proposed measures may "adversely affect" business expansion.

Business leaders have also raised concerns about a potential rise in the tax burden on individual taxpayers.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) administrator, however, has broadly termed the budget "positive".

Finance Adviso...