Issues such as infrastructure development, high cost of doing business and good governance should be addressed to boost private investment, as corporate tax cuts alone would not serve the purpose.
Experts and analysts made the observation while taking part in a budget discussion, held virtually, on Saturday.
They alleged the majority of the small businesses did not get financial support from the government. Only 20-25 per cent of them were benefited from the Tk 200-billion stimulus package, they claimed.
The package was meant for cottage, micro, small and medium enterprises (CMSMEs), but the businesses believe most of the funds actually went to the medium-scale factories.