Friday, July 3, 2020 | ePaper

Economic activities have to be resumed for livelihoods: PM

  • Print




Prime Minister Sheikh Hasina on Sunday said economic activities have to be resumed for the sake of the lives and livelihoods of people.
 
``Most countries of the world have already compelled to relax their lockdowns because it`s not possible to restrict people`s paths of income for an indefinite period. It`s not possible at all for a developing country like Bangladesh,`` she said.
 
The Prime Minister said this while addressing the nation on the occasion of holy Eid ul Fitr.
 
State-owned Bangladesh Betar and Bangladesh Television simultaneously broadcast the Prime Minister`s address. Private television channels and radio stations also aired the speech.
 
The Prime Minister said the World Health Organisation (WHO) in its forecast said this coronavirus pandemic will not go away so quickly. ``But life won`t stand still...we`ve to move on taking coronavirus with us as long as the vaccine is developed,`` she said.
 
Talking about the resumption of the economy, the Prime Minister said the government has already announced a Tk 101,117 crore stimulus package, which is 3.6 percent of the GDP.
 
She said 18 economic sectors, including export-oriented industries, small, medium and cottage industries, agriculture, pisciculture and poultry have been brought under this package.
 
To help the jobless youths and expatriates who have returned from various countries, the government has allocated Tk 2,000 crore (Tk 500 crore each) for Palli Sanchay Bank, Karmasangsthan Bank, Prabashi Kalyan Bank and Palli Karmo Sahayok Bank, she said. – UNB, Dhaka.

More News For this Category

DU teachers must promise to retain intellectual independence and not be party activists

The country's highest academic echelon University of Dhaka (DU) has stepped into 100th year on its journey. We are proud that the university since its establishment had been branded

Highest 4,019 coronavirus cases, record 4,334 recoveries

News Desk :The death toll from the coronavirus (Covid-19) pandemic has spiked to 1,926 in Bangladesh as 38 more Covid-19 patients died in the last 24 hours, a top health

Bangladesh eyes global PPE market

Bangladesh eyes global PPE market

Staff Reporter :Local textile and apparel companies have scaled up production of personal protective equipment (PPEs) eyeing a share in the $60 billion global PPE market.Global PPE market was valued

US passes sanctions as nations condemn new Hong Kong law

The US House of Representatives has approved new Hong Kong-related sanctions, after Beijing imposed a security law that was condemned by countries around the world.The measure, which was passed unanimously,

Import of Indian goods through Benapole halted for 2nd day

Our Correspondent :Five port users' organisations have suspended import of Indian goods through Benapole port for the second day today on Thursday, protesting India's refusal to accept Bangladeshi exported goods.Following

DSCC opens modern food testing lab

Staff Reporter  :Dhaka South City Corporation (DSCC) has opened its own laboratory to test adulterated food, to be seized in different drives.Local Government and cooperatives Minister M Tajul Islam and

Govt decides to shut production at all state-owned jute mills

Staff Reporter :The government will shut production at all state-owned jute mill after clearing payments of the workers.Principal Secretary to the Prime Minister Ahmad Kaikaus made the announcement before the

Market of disinfectant products booms

Market of disinfectant products booms

Syed Shemul Parvez :Bangladesh officially announced the first coronavirus case on 8 March. Since then, the demand for germicide products has been increasing tremendously. The country's top two producers company

Homemade `Covid-19 Vaccine` on process of clinical trial

Staff Reporter :After getting animal model success, Globe Biotech, a Bangladeshi firm, claimed that clinical trial of its newly invented Covid-19 vaccine on human body is under process. "The Covid-19 vaccine,

Brahmanbaria gas field staff go on strike over Eid bonus

Our Correspondent :Workers of Bangladesh Gas Fields Company Limited in Brahmanbaria staged a demonstration this morning, to protest a decision of the authorities to slash Eid bonuses of their second