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Bold, timely, focused

Bangladesh’s business community and economists yesterday showered praise on Prime Minister Sheikh Hasina after she unveiled a Tk 72,750 crore package in a surprise move to tackle the fallouts of the deadly coronavirus, calling the fund bold, time-befitting and focused.

Mobilising liquidity top priority

From the very beginning, the central bank has given top priority to mobilising adequate liquidity for the financial sector if the pandemic hits Bangladesh’s economy and the crisis prolongs. In order to ensure a smooth supply of this liquidity to the various sectors and sub-sectors of the economy, Bangladesh Bank has expanded the size of some refinancing schemes.

It’s a good package, but its delivery holds the key

This is a good package committing 2.5 percent of GDP to keep businesses in industry and services afloat with a particular focus on protecting employment and labour income.

Concentrate more on keeping food prices low

Keeping food prices low should be seen as a strategic objective of the National Board of Revenue (NBR) during the preparation of the next national budget, the Centre for Policy Dialogue (CPD) suggested in its budget proposal.

Bangladesh’s chance to prove it has gone digital: Robi CEO

People who even a few months ago had little interest in digital services are now increasingly availing those for movements being limited to their homes, said Mahtab Uddin Ahmed, managing director and chief executive officer of Robi.

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