Bangladesh unveils Tk 50bn stimulus for farmers hit by coronavirus shutdown - News Summed Up

Bangladesh unveils Tk 50bn stimulus for farmers hit by coronavirus shutdown


Bangladesh Bank will also continue to provide loans at 4 percent interest rate for farmers producing spices like onion, garlic, ginger will continue, according to the premier. But, having an agriculture-based economy, we need to ensure that our farming sector continues its smooth production,”“Food security must be ensured above all,” she added. However, the government also encouraged the unemployed to consider working in the farming sector. Another Tk 1.5 billion will be allocated for the distribution of seeds and seedlings among the affected farmers so that production continues smoothly in the country, Hasina said. “We have allocated the Tk 50 bn fund to boost production and alleviate people from their hardship in the process."


Source: bd News24 April 12, 2020 07:07 UTC



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