Govt moves to aware people of stimulus packages

Staff Correspondent

24 November, 2020 12:00 AM printer

The government will hold a series of view-exchange meetings to create awareness of the stimulus packages introduced for inclusive and sustainable economic recovery from Covid-19 shocks. 

The Finance Division will hold three episodes of the meetings, highlighting the government’s steps to face COVID-19, including the stimulus packages, said a finance ministry statement.

The first meeting will be held on November 26 at the Osmani Memorial Auditorium in the city with the theme “Sustaining employment and bringing back the overall economic demand and supply system into normalcy.”

Commerce Minister Tipu Munshi will be present at that meeting as the chief guest while Bangladesh Bank Governor Fazle Kabir will attend as the special guest.

The second view-exchange meeting will be held on December 3 at the same venue with the theme “Employment generation and rejuvenation of rural economy”.

Planning Minister MA Mannan will attend the view-exchange meeting as the chief guest while Cabinet Secretary Khandker Anwarul Islam will be present as the special guest.

The statement said the third and the last meeting will be held on December 10 at the Osmani Memorial Auditorium with the title “Expanding the coverage of social safety nets and ensuring food security”.

Agriculture Minister Abdur Razzaque will be the chief guest while Principal Secretary to the Prime Minister Dr Ahmad Kaikaus will present as the special guest.

The government, under the direct supervision and direction of Prime Minister Sheikh Hasina, has already set a short, mid-term and long-term working strategy to face the crisis derived from COVID-19 and also to ensure fast economic recovery through rejuvenating the affected economic activities.

The government has so far announced a total of 21 stimulus packages worth over Tk 1,211.53 billion or 4.3 per cent of GDP to ensure social security and economic recovery while implementation of these stimulus packages is ongoing, the statement added.

Besides, a report on the implementation progress of the stimulus packages was placed before the Cabinet meeting earlier on November 2 by the Finance Division.

The meeting then expressed satisfaction over the overall steps undertaken and operations to implement the packages.