The decision to extend the time period came in response to requests from trade associations, including garment entrepreneurs’ lobbies BGMEA and BKMEA. The fund can also be used to pay the wages of workers in export processing zones and economic zones. BGMEA President Rubana Huq welcomed the decision to extend the application deadline. "We are going through a very bad period and are thinking about the life and livelihood of the workers. The fund can be borrowed at 2 percent interest rate only for paying wages and allowances to the workers and other employees.

Source: bd News24 April 28, 2020 09:56 UTC