Dhaka, June 3 -- The Foreign Investors' Chamber of Commerce and Industry (FICCI) expressed its sincere gratitude to the Prime Minister and Finance Minister for presenting the national budget for fiscal year 2023-24 in these difficult times.

In an immediate reaction, it said the proposed budget aimed for a GDP growth of 7.5% and an inflation rate of 6% for the upcoming fiscal year.

"FICCI believes the proposed targets are challenging however, if achieved, it will bring in momentum in the economy. The projected Annual Development Programme (ADP) of Tk. 2,63,000 crore is targeted to continue facilitating quick recovery of the economy despite different external challenges," said a press release.

It said the Chamber appreciates increase in al...