Thursday, March 26, 2020

Tk 5,000cr stimulus package for export-oriented industries

Staff Reporter :
Prime Minister Sheikh Hasina on Wednesday announced a stimulus package of Tk 5,000 crore for export-oriented industries to fight against the impact of coronavirus.
In a televised speech to the nation, the premier said the money from the package could only be disbursed in the form of salaries and wages for employees and workers of the industries.
"Our production and exports can be impacted. Therefore, we took some emergency measures," said Hasina.
Besides, Bangladesh Bank has undertaken a business-friendly initiative, announcing that no one will be considered a loan defaulter till June.