The business community has asked the government to create a long-term and achievable policy to enhance the investment environment, as part of their suggestions for establishing a Better Business Forum. The president of FBCCI, Mir Nasir Hossain, stated that they have urged the government to finalize this policy within a few months to prevent future changes by subsequent administrations. These recommendations were made in response to the government's proposal to establish a 'Better Business Forum' to restore business confidence and boost economic growth. The private sector's recommendations were presented to the chief adviser, Fakhruddin Ahmed, by Nasir, who is coordinating representatives from the business and industry sectors. The proposed forum will have a central body consisting of senior advisers, top business leaders, and representatives from government agencies such as the Bangladesh Bank, National Board of Revenue, and government secretaries. The government initiated the formation of the forum in response to a decline in business confidence, which has led to a decrease in both domestic and foreign investment. This decline in business confidence has also impacted the demand for credit from banks, which currently hold over Tk 140 billion in excess liquidity as of July. Foreign Direct Investment (FDI) in Bangladesh decreased by 6 percent to $792 million in 2006 from $845 million the previous year, largely attributed to political unrest, volatility, and changes in government, as reported in the World Investment Report 2007. Additionally, local investment proposals have also decreased according to figures from the Board of Investment. The proposed forum, led by chief adviser Fakhruddin Ahmed and executive chairman Mirza Azizul Islam, will have sub-forums on various topics like ports, export, import, banking, and investment. Advisers from relevant ministries will chair committees, with leaders from associations and government officials as members. The forum will address business community issues and propose solutions and action plans. Businessmen are urging the government to involve private sector representatives and form working groups promptly. He stated that we have also suggested making amendments to laws in order to streamline business operations.