Easing of stimulus for women entrepreneurs sought

Staff Correspondent

27 May, 2021 12:00 AM printer

Easing of stimulus for women entrepreneurs sought

Speakers at a pre-budget discussion on Wednesday urged the government to release stimulus package loans for women entrepreneurs with soft terms to help them overcome corona challenges.

They also emphasised on skill development on executive role in new normal for the women in corporate and SME sectors.

The speakers made the request at a pre-budget discussion on Tuesday jointly organised by Chittagong Women Chamber of Commerce and Industry (CWCCI) and Basic Bank.

The discussants highlighted the opportunities of women entrepreneurship development and stimulus fund disbursement to corona pandemic-hit businesses.

The government has announced two more stimulus packages worth Tk 27 billion to help small, medium and cottage industries and expand social safety coverage.

State-owned Basic Bank chairman Prof Abul Hashem was the chief guest while CWCCI President Monowara Hakim Ali was special guest on the occasion.

Prof Abul Hashem said the entrepreneurs have to focus on transforming the challenges into the opportunities amid any adverse situation like pandemic.

“The financial institutions like Basic Bank always promote women leadership in business to make equal contributions to the national economy as well as overall development,” Dr Abul Hashem, a former faculty at Dhaka University, said.

In her speech, CWCCI President Monowara Hakim Ali emphasised on capacity building of women entrepreneurs to move forward with business in the new normal situation.

Basic Bank Managing Director Anisur Rahman said the country has seen a boom in e-commerce amid pandemic while many women entered businesses using connectivity staying at home.

CWCCI vice-president Abida Mostafa and Basic Bank general manager Ahmed Hossain, assistant general manager Mahmudul Hasan spoke the meeting.

CWCCI has been working for economic empowerment of women in Bangladesh since 2003 with special focus on the community in the port city of Chattogram.