BUILD for creating opportunities for women in stimulus package

Bangladesh Sangbad Sangstha . Dhaka | Published: 23:11, Sep 22,2020


The Business Initiative Leading Development on Tuesday underscored the need for creating more opportunities for women micro, small and medium enterprises in stimulus package.

BUILD made the observation at a virtual dialogue on ‘Access of MSMEs and Women Entrepreneurs to Stimulus Package’, said a press release.

BUILD in collaboration with the International Trade Centre organised the virtual dialogue.

Bangladesh Bank executive director Abu Farah Md Naser joined the dialogue as a guest of honour while additional secretary of the commerce ministry Sharifa Khan chaired the panel discussion session.

Abu Farah Md Naser informed that in order to reduce the processing

time, the Bangladesh Bank had initiated a pilot programme with The City Bank to disburse loans through the mobile banking system.

He informed that not only the Tk 20,000-crore package, there were a number of other packages dedicated for the CMSME.

Sharifa Khan said that the government had taken initiatives to support the affected sectors of the economy through various stimulus packages.

Welcoming the participants, BUILD chairperson Abul Kasem Khan said that the stimulus package was a timely and praiseworthy initiative of the government to combat the negative impacts of COVID-19 on the economy of Bangladesh.

However, execution of this package is important to bring stability in the CMSME sector as this sector is the worst sufferer of the pandemic, he added.

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