Covid-19 economic fallout: Urgent need for fiscal measures - News Summed Up

Covid-19 economic fallout: Urgent need for fiscal measures


This is to keep the production line safe and running,” Khondaker Golam Moazzem, research director of Centre for Policy Dialogue told Dhaka Tribune. In addition, industries need to provide workers leave with pay, in case of any kind of illnesses, and must ensure the workers follow home quarantine, he added. However, the people leading the industry in the apparel sector claimed that they have taken several protective measures over Covid-19. For the policy response on coronavirus, a multi-stakeholder committee can be formed to assess the economic fallout, Zahid suggested. Meanwhile, exporters and local business people also voiced opinion echoing the economist and called for interest-free loans and other fiscal policy support to tackle the aftershock and continue doing business at present.


Source: Dhaka Tribune March 20, 2020 17:03 UTC



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