A delegation from the Bangladesh Federation of Chambers of Commerce and Industry met with the Prime Minister of Bangladesh on March 15 and requested the government to provide assistance to help domestic companies cope with the impact of the global financial crisis.
The chairman of the Bangladesh Federation of Chambers of Commerce and Industry told the media after the meeting that representatives of the business community made 21 suggestions to the government to deal with the impact of the financial crisis and requested the government to provide a total of 60 billion taka (approximately US$857 million) in assistance to help Affected companies weathered the financial crisis.
The chairman said that they hope that the government can vigorously support the garment, spinning, jute and other industries that have been greatly affected by the financial crisis. They require the government to ensure power supply, provide tax exemptions to enterprises, reduce loan interest, and extend the loan period. wait.
The Prime Minister said that the government is paying close attention to the development of the situation. The Ministry of Finance and other departments are studying the impact of the financial crisis on the Bangladesh economy and will formulate a package plan to help domestic companies cope with the negative impact of the financial crisis. The Prime Minister said that the plan will include cash subsidies, a series of preferential measures, etc., and the government will also set up a special fund to help companies affected by the financial crisis.
The Minister of Commerce of Bangladesh said that Bangladesh’s export companies and inbound remittances have been significantly affected by the financial crisis. The government will set up a special working group composed of representatives from all parties before the end of this month to work specifically on responding to the financial crisis. .
