It also called for creating a fund for providing working capital, which would be given to targeted business people who genuinely needed it. For the working people, the CPD suggested introducing of open market sale (OMS) in major industrial clusters, which may be needed if the situation worsens. Special lending rate for SMEsCPD also suggested special lending rate for small and medium enterprises (SMEs) which were suffering from working capital shortage due to supply disruption. They may benefit from the lending facility, particularly keeping in view support for wage payment, Fahmida said in her presentation. Beyond the 9% lending rate, the think tank suggested 5% lending rate for SMEs.
Source: Dhaka Tribune March 21, 2020 09:45 UTC