Bangladesh PM unveils Tk 72,750cr stimulus packages

The government on Sunday announced four fresh stimulus packages worth Tk 67,750 crore to enhance its effort to overcome the economic losses due to the coronavirus situation.

Prime minister Sheikh Hasina announced the packages at a press conference at her official residence Ganabhaban 12 days after she came up with the first stimulus packages of Tk 5,000 crore for the export-oriented sectors.

The overall size of the stimulus packages now stood at Tk 72,750 crore, nearly 2.52 per cent of the country’s gross domestic product, said Hasina, adding that both local and export-oriented products deserved supports amid domestic and global economic crisis caused by COVID-19 that prompted a countrywide shutdown since March 26.

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